KRS 41.370: Check to be presented within one year -- Cancellation and warrant against
Where this section sits in the code
- KRS Chapter 41
check.
(1) Any check issued by the State Treasurer shall not be valid as an order for payment
after one (1) year from its date of issue and this limitation shall appear on all ch ecks
issued. The State Treasurer is authorized to clear the records of all such unpaid
checks and credit the amounts to the fund against which it was originally drawn.
(2) When any properly endorsed check issued by the State Treasurer is presented for
payment more than one (1) year after its date of issue and within the period
prescribed by KRS 413.120, the State Treasurer shall, upon satisfactory proof of
ownership, cancel the check and forward it to the secretary of the Finance and
Administration Cabinet with the date and identifying information which credited the
amount of the check to a particular fund. The secretary of the Finance and
Administration Cabinet shall draw a warrant against the check. All endorsements on
the surrendered check shall have the same effect as if the check were paid by the
drawee. All checks paid in the manner herein set forth shall be charged against the
fund against which they were originally drawn.
Collected 2026-09-05T20:49:01Z. Source file · JSON