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Kentucky · Snapshot 09/05/2026

KRS 30A.205: Interest on deposits.

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Where this section sits in the code
  1. KRS Chapter 30A

(1) The bank accounts of the circuit clerk authorized by KRS 30A.200 shall accrue

interest at such rate per annum upon the average daily deposit on hand at the close

of banking hours as may be agreed upon by the bank and the Chief Justice or his

designee. Interest accrued shall not be at a rate less than the interest paid on similar

accounts of the Commonwealth in that bank.

(2) Interest shall accrue to the state and be paid to the State Treasury by the circuit clerk

every six (6) months in the same manner as other moneys due the state.

(3) For services rendered by the depositories there shall be no charges made of any

character or description.

Collected 2026-09-05T20:48:50Z. Source file · JSON

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