{"data":{"id":"us-ky/krs-304.20-210","jurisdiction":"us-ky","citation":"KRS 304.20-210","heading":"Notification of insurer of existence of lien -- Payment by insurer to","body":"taxing authority.\n(1) Prior to the payment of any insurance proceeds for loss or damage to real estate\ncaused by fire, but within twenty (20) days of the filing of any notice of claim for\nfire insurance proceeds by an insured, provided the amount of the proceeds for the\nloss payable under the policy is ten thousand dollars ($10,000) or more, the insurer\nrequired to pay such proceeds shall notify the county clerk of the county in w hich\nsuch loss or damage has been sustained and demand in writing, by registered or\ncertified mail, that a statement indicating the amount of all liens existing and\nreferred to by KRS 304.20 -200 to 304.20 -250 be delivered to such insurer at a\nspecified add ress, in person or by registered or certified mail, within fifteen (15)\ndays from the date of receipt by the county clerk of such demand.  Upon the failure\nof the county clerk to notify the insurer of the existence of any such liens in said\nmanner, the rig ht of the state or the county, city or other taxing district to claim\nagainst any such proceeds shall terminate and the lien as to said proceeds shall no\nlonger be effective.  The insurer may rely conclusively upon the amount of the taxes\ndue as set forth in such notice of lien in making any payments of proceeds to any\nperson.  The county clerk performing such service shall receive a fee of five dollars\n($5) from the insurer.\n(2) Within twenty (20) days of receipt of a notice of lien received from the county clerk\npursuant to this section and a final determination of the insurer's obligation to pay\nfire insurance proceeds, the insurer shall pay all or a portion of the proceeds\notherwise payable to the insured directly to the state or the county, city or oth er\ntaxing district in satisfaction of the total amount of delinquent real estate taxes as\nset forth on the statement of lien and shall deduct the amount thereof from the\nproceeds otherwise payable to the insured.  A receipt by the county clerk or taxing\nauthority shall be evidence of payment of such amount by the insurer on account of\nits liability under its policy to the insured.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29495","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:50Z","sha256":"215c7b4ba9c6ccb27a479a4ce7e4886aa49ea384225c5cd92f15192dbd45cd03","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.20-200","next":"us-ky/krs-304.20-220"},"notice":"GroundRules: Original legal text. Not legal advice."}