{"data":{"id":"us-ky/krs-393a.020","jurisdiction":"us-ky","citation":"KRS 393A.020","heading":"Inapplicability to foreign transaction.","body":"This chapter shall not apply to:\n(1) Property held, due, and owing in a foreign country if the transaction out of which\nthe property arose was a foreign transaction;\n(2) Money, funds, or any other intangible property held by or owing:\n(a) To a nonprofit exempt under Section 501(c)(3) of the Internal Revenue Code;\n(b) For any minerals or other raw materials capable of being used for fuel in the\ncourse of manufacturing, processing, production, or mining; or\n(c) For any mineral proceeds;\n(3) Wages or salaries of fifty dollars ($50) or less t hat are not claimed by an employee\nwithin one (1) year of the date the wages or salaries are earned, unless the amounts\nare held on a payroll card;\n(4) Moneys in inmate accounts and prisoner canteen accounts held by jailer under KRS\n441.137; or\n(5) Funds held in a lawyer IOLTA trust account under Supreme Court Rule 3.830.","path":["KRS Chapter 393A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=48964","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:24Z","sha256":"f1fad580ca7c4d45cf36c43d1720bc6acdff6d991819fe2fd550fe45b8c4d2d1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-393a.010","next":"us-ky/krs-393a.030"},"notice":"GroundRules: Original legal text. Not legal advice."}