KRS 134.125: Interest on certificates of delinquency.

(1) A certificate of delinquency or personal property certificate of delinquency shall

bear simple interest at twelve percent (12%) per annum. Interest shall initially be

calculated based on the base amount established by KRS 134.122(2)(d). Interest

shall be c alculated in subsequent months on the outstanding balance of the base

amount until paid. A fraction of a month shall be counted as an entire month.

(2) If a certificate of delinquency is paid by a third -party purchaser, the amount paid by

the third-party purchaser shall become the base amount upon which simple interest

is initially calculated. Interest shall be calculated in subsequent months on the

outstanding balance of the base amount until paid.