KRS 393A.470: Expenses and service charges of administrator.
Where this section sits in the code
- KRS Chapter 393A
(1) In addition to the expenses permitted under KRS 393.250, the administrator may
deduct:
(a) Expenses of disposition of property delivered to the administrator under this
chapter;
(b) Costs of mailing and publication in connection with property delivered to the
administrator under this chapter;
(c) Reasonable service charges; and
(d) Expenses incurred in examining records of or collecting property from a
putative holder or holder.
(2) In addition to any expenses in subsection (1) of this section, the administ rator shall
deduct the proportionate costs of advertisement and operations from the amount of
any claim allowed in an amount greater than ten dollars ($10). The administrator
shall deduct at least one dollar ($1).
Collected 2026-09-05T20:59:24Z. Source file · JSON