30A.200 Moneys deposited with court clerks and payable to a third person. All moneys which are deposited with the clerk and which are payable to a third person, not the Commonwealth, or which may become payable to such third person as a result of court action or otherwise shall: (1) Be logged in the appropriate record of the cle rk and the person paying or depositing the money shall be given a receipt; (2) Be deposited daily in a bank approved as a state depository bank in a special escrow account or accounts subject to the clerk's withdrawal as required in the daily course of the clerk's business or as may be ordered by a court; and (3) Not be subject to the provisions of KRS Chapter 41 relating to the deposit of money in the State Treasury until by action of a court, such as forfeiture of a bond, the money is due and owing to the Commonwealth. Effective: August 1, 2002 History: Amended 2002 Ky. Acts ch. 183, sec. 7, effective August 1, 2002. -- Amended 1998 Ky. Acts ch. 563, sec. 1, effective July 15, 1998. -- Created 1978 Ky. Acts ch. 200, sec. 1, effective June 17, 1978.
Kentucky Legal Code