{"data":{"id":"us-ky/krs-367.936","jurisdiction":"us-ky","citation":"KRS 367.936","heading":"Refund to persons making payments.","body":"(1) (a) Upon the giving of fifteen (15) days' written notice, sent to the agent and the\ntrustee, any person, partnership, or corporation who has paid funds for a\npreneed funeral service may demand a refund of the entire amount actually\npaid, excluding an administr ative fee imposed on a fully paid contract in\naccordance with KRS 367.935, together with all interest, dividends, increases,\nor accretions, of any kind whatsoever, which have been earned on such funds.\n(b) 1. If the trustee is unknown, the written notice s ent to the agent shall\nconstitute compliance with this subsection.\n2. Upon receipt of notice, the agent shall immediately forward notice to the\ntrustee.\n(2) (a) The financial institutions shall be relieved from further liability, after making\npayment to th e person making payment of said funds, to the agent upon\nreceipt of the foregoing written notice.\n(b) Notice of payment of funds under this section shall be given by the financial\ninstitution to the agent.\n(3) The trustee may rely upon all certifications a nd affidavits made pursuant to or\nrequired by the provisions of KRS 367.932 to 367.974 and 367.991, and shall not\nbe liable to any person for such reliance.","path":["KRS Chapter 367"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57555","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:06Z","sha256":"e4c4b3a629cb58ac12459637d07b488e576159773e5dc4566f9ecfd0383c5305","source_id":"us-ky","stale":false,"prev":"us-ky/krs-367.935","next":"us-ky/krs-367.937"},"notice":"GroundRules: Original legal text. Not legal advice."}
