{"data":{"id":"us-ky/krs-272.291","jurisdiction":"us-ky","citation":"KRS 272.291","heading":"Unclaimed dividends, stocks, etc., disposal of.","body":"Any association organized or operated under KRS 272.101 to 272.341, or any agricultural\ncooperative association organized under the provisions of KRS Chapter 271B and\nmeeting the requirements of an agricultural cooperative as set forth in Chapter 27, Section\n1, 42 U. S. Statutes, p. 388 (Title 7, Sec. 291, U.S.C.A.), or any cooperative association\norganized under KRS Chapter 279 may recover, after a period of five (5) years, any\nunclaimed stocks, dividends, patronage refunds, or book equities for which the owner\ncannot be found and which are the result of distributable savings of the cooperative. The\nmailing of these stocks, dividends, patronage refunds, or book equities to the last -known\naddress of the individual involved as recorded on the records of the c ooperative shall be\nevidence of a bona fide attempt to deliver the same to the individual. When the notice to\nthe individual of these amounts has been returned by the U.S. mail and the amounts have\nnot been called for, after five (5) years, the amounts inv olved may be placed in the\nincome of the cooperative for the year in which such determination is made and\nredistributed to the patrons of that year.","path":["KRS Chapter 272"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13550","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:21Z","sha256":"6c8f8875aa9f875d87d115d538e542d27712c294c3201ade26fabcd9809aafb4","source_id":"us-ky","stale":false,"prev":"us-ky/krs-272.290","next":"us-ky/krs-272.295"},"notice":"GroundRules: Original legal text. Not legal advice."}
