{"data":{"id":"us-ky/krs-393a.320","jurisdiction":"us-ky","citation":"KRS 393A.320","heading":"Dormancy charge.","body":"(1) A holder may deduct a dormancy charge from property required to be paid or\ndelivered to the administrator if:\n(a) A valid contract between the holder and the apparent owner authorizes\nimposition of the charge for the apparent owner's failure to claim the p roperty\nwithin a specified time; and\n(b) The holder regularly imposes the charge and regularly does not reverse or\notherwise cancel the charge.\n(2) The amount of the deduction under subsection (1) of this section shall be limited to\nan amount that shall no t be unconscionable considering all relevant factors,\nincluding the marginal transactional costs incurred by the holder in maintaining the\napparent owner's property and any services received by the apparent owner.","path":["KRS Chapter 393A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=48129","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:24Z","sha256":"3977226edf53308ccee302d3386ca091ab17f728731bff4c93d5b6fb7e1c3513","source_id":"us-ky","stale":false,"prev":"us-ky/krs-393a.310","next":"us-ky/krs-393a.330"},"notice":"GroundRules: Original legal text. Not legal advice."}