Any person holding an unclaimed pari-mutuel ticket or any person holding the sum represented by an unclaimed pari-mutuel ticket, or any claimant thereto shall have the right to a judicial determination of his rights under KRS § 230.361 to KRS § 230.373 and nothing therein shall be construed otherwise; and the racing commission may institute an action to recover the sum represented by the unclaimed pari-mutuel tickets which are presumed abandoned whether said sum has been reported or not and may include in one (1) petition the sum represented by all the unclaimed pari-mutuel tickets as defined herein within the jurisdiction of the court in which the action is brought.
Effective: July 15, 2010

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Kentucky Statutes 230.364

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Racing commission: means the Kentucky Horse Racing Commission. See Kentucky Statutes 230.210

History: Amended 2010 Ky. Acts ch. 24, sec. 464, effective July 15, 2010. — Amended
2004 Ky. Acts ch. 191, sec. 20, effective July 13, 2004. — Created 1978 Ky. Acts ch.
307, sec. 4, effective June 17, 1978.