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Kentucky · Snapshot 09/05/2026

KRS 40.550: Claims and payments nonassignable -- Exemptions applicable to payments.

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Where this section sits in the code
  1. KRS Chapter 40

(1) Claims for payment of a bonus shall not be assignable before or after approval

thereof, and any attempted or purported assignment received by or tendered to any

officer of the Commonwealth shall be void, need not be acknowledged or returned,

and may be disregarded.

(2) Payments of the bonus shall be exempt from all taxation by the Commonwealth, its

political subdivisions and taxing districts.

(3) No claim for payment of a bonus and no payment made by the Commonwealth

under KRS 40.410 to 40.560 shall give ri se to a cause of action against the

Commonwealth or any of its officers, agents, or employees, and no claim for

payment shall be subject to attachment, levy, garnishment or seizure by or under

any legal or equitable process whatever; but this provision sha ll not extend

exemption from legal process to the proceeds of any bonus payment after the same

has been received from the Commonwealth.

(4) The Commonwealth does not consent to be sued in any court with regard to any

matter connected with or arising out of claims for payment of the bonus herein

authorized.

Collected 2026-09-05T20:49:00Z. Source file · JSON

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