{"data":{"id":"us-ky/krs-41.370","jurisdiction":"us-ky","citation":"KRS 41.370","heading":"Check to be presented within one year -- Cancellation and warrant against","body":"check.\n(1) Any check issued by the State Treasurer shall not be valid as an order for payment\nafter one (1) year from its date of issue and this limitation shall appear on all ch ecks\nissued. The State Treasurer is authorized to clear the records of all such unpaid\nchecks and credit the amounts to the fund against which it was originally drawn.\n(2) When any properly endorsed check issued by the State Treasurer is presented for\npayment more than one (1) year after its date of issue and within the period\nprescribed by KRS 413.120, the State Treasurer shall, upon satisfactory proof of\nownership, cancel the check and forward it to the secretary of the Finance and\nAdministration Cabinet with the date and identifying information which credited the\namount of the check to a particular fund. The secretary of the Finance and\nAdministration Cabinet shall draw a warrant against the check. All endorsements on\nthe surrendered check shall have the same effect as if the check were paid by the\ndrawee. All checks paid in the manner herein set forth shall be charged against the\nfund against which they were originally drawn.","path":["KRS Chapter 41"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40007","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:01Z","sha256":"6f9f98c6675b53f05c9ffd0ecd832cfb979d8c1e0e9d1ffbfc00b25de466f254","source_id":"us-ky","stale":false,"prev":"us-ky/krs-41.360","next":"us-ky/krs-41.375"},"notice":"GroundRules: Original legal text. Not legal advice."}