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Kentucky · Snapshot 09/05/2026

KRS 205.835: Disclosure of financial data pertinent to applicants for or recipients of

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  1. KRS Chapter 205

benefits -- Fee -- Written consent.

(1) Notwithstanding any existing state statute or regulation to the contrary, all banks,

savings and loan associations, credit unions, and ot her financial institutions shall,

upon request of the secretary, inform such representative, no later than fifteen (15)

days after such request, of the type of account, the amount thereof, the activity of

such account and other relevant data pertinent to a n applicant for or recipient of

benefits under programs administered by the cabinet and members of such

households. Information disclosed by the cabinet to any bank, savings and loan

association, credit union, or other financial institution pursuant to th is section shall

be deemed to be privileged and shall not be disclosed by any such institution to any

other party except as may be authorized by law.

(2) Banks, savings and loan associations, credit unions, and other financial institutions

may charge the cabinet for services rendered pursuant to subsection (1) of this

section in accordance with a reasonable fee schedule prescribed by the

commissioner of banking and securities, not to exceed actual cost.

(3) Written consent to disclosure of financial data a s provided in subsection (1) of this

section shall be given by applicants for benefits under a program administered by

the cabinet at the time of application and by recipients of benefits when eligibility is

reconsidered or redetermined.

Collected 2026-09-05T20:52:05Z. Source file · JSON

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