{"data":{"id":"us-ky/krs-393a.310","jurisdiction":"us-ky","citation":"KRS 393A.310","heading":"Definition of good faith.","body":"In KRS 393A.310 to 393A.390, payment or delivery of property shall be made in good\nfaith if a holder:\n(1) Had a reasonable basis for believing, based on the facts then known, that the\nproperty was required or permitted to be paid or delivered to the administrator under\nthis chapter; or\n(2) Made payment or delivery:\n(a) In response to a demand by the administrator or administrator's agent; or\n(b) Under a guidance or ruling issued by the administrator which the holder\nreasonably believed required or permitted the property to be paid or delivered.","path":["KRS Chapter 393A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=48128","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:24Z","sha256":"1b58d660d9ffefd0e0576f25cee9ed712f4723fa2a760a62820dd851477c8a7b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-393a.300","next":"us-ky/krs-393a.320"},"notice":"GroundRules: Original legal text. Not legal advice."}