Ky. Rev. Stat. § 393A.490

Current through 2024 Ky. Acts ch. 225
Section 393A.490 - Claim of another state to recover property
(1) If the administrator knows that property held by the administrator under this chapter is subject to a superior claim of another state, the administrator shall:
(a) Report and pay or deliver the property to the other state; or
(b) Return the property to the holder so that the holder may pay or deliver the property to the other state.
(2) The administrator shall not be required to enter into an agreement to transfer property to the other state under subsection (1) of this section.

KRS 393A.490

Added by 2018 Ky. Acts ch. 163,§ 49, eff. 7/14/2018.