KRS 45.240: Treatment of erroneous payments recovered within 60 days of identification

-- KRS 45.237 and 45.238 applicable to erroneous payments recovered after 60

days.

(1) Whenever any payment from public money is made in error, or for an amount in

excess of the amount found to be properly due and payable, and the payment or

excess amount is recovered within sixty (60) days from the date the erroneous or

excess payment was identified, the funds shall be allocated to the fund from which

the improper payment was ex pended, the balance in the appropriation from which

the payment was made shall be increased by the amount recovered, and the amount

recovered shall be deducted from the disbursements from that appropriation.

(2) If the payment or excess amount which is lat er recovered is in the form of an

unnegotiated State Treasurer's check, said check shall be transmitted direct to the

State Treasurer who shall void it. After voiding the check, the State Treasurer shall

notify the appropriate agency of the action taken concerning the check.

(3) Whenever any payment from public money is made in error, or for an amount in

excess of the amount found to be properly due and payable, and the payment or

excess amount is recovered after sixty (60) days from the date the erroneous or

excess payment was identified, the provisions set forth in KRS 45.237 and 45.238

shall apply, and the funds shall be allocated as provided in those sections.