{"data":{"id":"us-ky/krs-341.810","jurisdiction":"us-ky","citation":"KRS 341.810","heading":"Surrender of property upon which levy made -- Effect of surrender or","body":"failure to do so.\n(1) Any person in possession of or obligated with respect to property or rights to\nproperty subject to levy upon which a levy has been made shall, upon demand of the\nsecretary or his delegate, surrender such property or rights or discharge such\nobligation to the secretary or his delegate, except such part of the property or rights\nas is, at the time of such demand, subject to an attachment or execution under any\njudicial process.\n(2) Any person who fails or refuses to surrender any property or rights to property\nsubject to levy shall be liable in his own person and estate to the Commonwealth in\na sum equal to the value of the property or rights not so surrendered, but  not\nexceeding the amount of contributions, interest and penalties for the collection of\nwhich such levy has been made, together with costs and interest on such and at the\nrate of fifteen percent (15%) per annum from the date of such levy. Any amount\nother than costs recovered under this subsection shall be credited against the subject\nemployer's liability for the collection of which such levy was made.\n(3) Any person in possession of or obligated with respect to property or rights to\nproperty subject to levy upon which a levy has been made who, upon demand by the\nsecretary or his delegate, surrenders such property or rights to property or discharges\nsuch obligation to the secretary or his delegate shall be discharged from any\nobligation or liability to the delinquent employer with respect to such property or\nrights to property arising from such surrender or payment.","path":["KRS Chapter 341"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=32346","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:30Z","sha256":"73d0e9e57af5d33113a640aa1a41fcfefa210e30fff2646b5571ed72c55663a1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-341.805","next":"us-ky/krs-341.815"},"notice":"GroundRules: Original legal text. Not legal advice."}