393A.280 Contents of notice by holder. (1) Notice under KRS 393A.270 shall contain a heading that reads substantially as follows: 'Notice. The Commonwealth of Kentucky requires us to notify you that your property may be transferred to the custody of the Kentucky State Treasurer if you do not contac t us before (insert date that is thirty (30) days after the date of this notice).' (2) The notice under KRS 393A.270 shall: (a) Identify the nature and, except for property that does not have a fixed value, the value of the property that is the subject of the notice; (b) State that the property shall be turned over to the administrator; (c) State that after the property is turned over to the administrator, an apparent owner that seeks return of the property shall file a claim with the administrator; (d) State that property that is not legal tender of the United States may be sold by the administrator; and (e) Provide instructions that the apparent owner shall follow to prevent the holder from reporting and paying or delivering the property to the administra tor. Effective: July 14, 2018 History: Created 2018 Ky. Acts ch. 163, sec. 28, effective July 14, 2018.
Kentucky Legal Code