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Kentucky · Snapshot 09/05/2026

KRS 393A.720: Action involving another state or foreign country.

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Where this section sits in the code
  1. KRS Chapter 393A

(1) The administrator may join another state or foreign country to examine and seek

enforcement of this chapter against a putative holder.

(2) On request of another state or foreign country, the Attorney General may commence

an action on behalf of the other st ate or country to enforce, in this state, the law of

the other state or country against a putative holder subject to a claim by the other

state or country, if the other state or country agrees to pay costs incurred by the

Attorney General in the action.

(3) The administrator may request the official authorized to enforce the unclaimed

property law of another state or foreign country to commence an action to recover

property in the other state or country on behalf of the administrator. This state shall

pay t he costs, including reasonable attorney's fees and expenses, incurred by the

other state or foreign country in an action under this subsection.

(4) The administrator may pursue an action on behalf of this state to recover property

subject to this chapter b ut delivered to the custody of another state if the

administrator believes the property is subject to the custody of the administrator.

(5) The administrator may retain an attorney in this state, another state, or a foreign

country to commence an action to recover property on behalf of the administrator

and may agree to pay attorney's fees based in whole or in part on a fixed fee, hourly

fee, or a percentage of the amount or value of property recovered in the action.

(6) Expenses incurred by this state in a n action under this section may be paid from

property received under this chapter or the net proceeds of the property. Expenses

paid to recover property shall not be deducted from the amount that is subject to a

claim under this chapter by the owner.

Collected 2026-09-05T20:59:25Z. Source file · JSON

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