45A.275 Judgments against Commonwealth up to $500,000 deemed necessary governmental expense. The first five hundred thousand dollars ($500,000) of any Kentucky court judgment against the Commonwealth awarding damages on a contract claim under the provisi ons of KRS 45A.240 to 45A.270 shall be a necessary governmental expense and payment shall be approved by the Finance and Administration Cabinet and paid by the State Treasurer. Appropriations for these judgments shall be continued appropriations. Effective : January 1, 1979 History: Amended and reenacted as KRS 45A.275, 1978 Ky. Acts ch. 110, sec. 55, effective January 1, 1979. -- Created 1974 Ky. Acts ch. 181, sec. 7. Formerly codified as KRS 44.340. 2024 -2026 Budget Reference. See State/Executive Branch Bu dget, 2024 Ky. Acts ch. 175, Pt. I, A, 30, (1) at 1826.
Kentucky Legal Code