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. Effective: July 14, 2018 History: Created 2018 Ky. Acts ch. 163, sec. 49, effective July 14, 2018.
Kentucky Legal Code