KRS 341.820: Release or return of property.

(1) It shall be lawful for the secretary or his delegate, under administrative regulations

prescribed by the secretary, to release all or part of the property or rights to property

levied upon where the secretary or his delegate determines that such action wil l

facilitate the collection of the liability, but such release shall not operate to prevent

any subsequent levy.

(2) If the secretary or his delegate determines that property has been wrongfully levied

upon, it shall be lawful for the secretary or his dele gate to return the specific

property levied upon or an amount of money equal to the amount of money received

by the Commonwealth from a sale of such property.

(3) Property shall be returned immediately. If such property is not returned

immediately, or if s uch proceeds of sale are not returned immediately, then the

owner of such property shall have a period of four (4) years in which to initiate

action for its return.