{"data":{"id":"us-ky/krs-393a.035","jurisdiction":"us-ky","citation":"KRS 393A.035","heading":"Unclaimed property trust fund.","body":"(1) The unclaimed property trust fund is established in the Treasury of the\nCommonwealth.\n(2) The trust fund shall be administered by the Finance and Administration Cabinet and\nall money in excess of the amount to be disbursed in a given fiscal year shall be\ninvested to maximize returns.\n(3) The trust fund shall consist of moneys received from appropriations, gifts, grants,\nfederal funds, or moneys received on or after July 1, 2020.\n(4) Interest earnings of the fund shall accrue to the trust fund, except to the  extent that\non July 1 of any fiscal year, if the trust fund has a balance which exceeds one\nhundred million dollars ($100,000,000), the interest earnings of the fund shall\naccrue to the general fund.\n(5) Notwithstanding KRS 45.229 and except as provided b y subsection (4) of this\nsection, moneys deposited in the fund shall become a part of the fund and shall not\nlapse.\n(6) Nothing in this section shall be interpreted to prohibit the General Assembly from\nappropriating funds to:\n(a) The Department of the Treasury; or\n(b) The unclaimed property trust fund.","path":["KRS Chapter 393A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=48749","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:24Z","sha256":"23a32ebdf5d7fde37c43747b0ae2767d2442cb9ac5adfc5c80306f33e4381d76","source_id":"us-ky","stale":false,"prev":"us-ky/krs-393a.030","next":"us-ky/krs-393a.040"},"notice":"GroundRules: Original legal text. Not legal advice."}
