Kentucky Statutes 393A.520 – When administrator must honor claim for property
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(1) The administrator shall pay or deliver property to a claimant under KRS
393A.510(1) if the administrator receives evidence sufficient to establish to the satisfaction of the administrator that the claimant is the owner of the property.
(2) Not later than ninety (90) days after a claim is filed under KRS § 393A.510(1), the administrator shall allow or deny the claim and give the claimant notice in a record of the decision.
(3) If the claim is denied under subsection (2) of this section:
(a) The administrator shall inform the claimant of the reason for the denial and specify what additional evidence, if any, is required for the claim to be allowed;
(b) The claimant may file an amended claim with the administrator or request an administrative hearing under KRS § 393A.540; and
(c) The administrator shall consider an amended claim filed under paragraph (b)
of this subsection as an initial claim.
(4) If the administrator does not take action on a claim during the ninety (90) day period following the filing of a claim under KRS § 393A.510(1), the claim shall be deemed denied.
Effective: July 14, 2018
History: Created 2018 Ky. Acts ch. 163, sec. 52, effective July 14, 2018.
393A.510(1) if the administrator receives evidence sufficient to establish to the satisfaction of the administrator that the claimant is the owner of the property.
Terms Used In Kentucky Statutes 393A.520
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
- Administrator: means the Kentucky State Treasurer. See Kentucky Statutes 393A.010
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
- Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. See Kentucky Statutes 393A.010
(2) Not later than ninety (90) days after a claim is filed under KRS § 393A.510(1), the administrator shall allow or deny the claim and give the claimant notice in a record of the decision.
(3) If the claim is denied under subsection (2) of this section:
(a) The administrator shall inform the claimant of the reason for the denial and specify what additional evidence, if any, is required for the claim to be allowed;
(b) The claimant may file an amended claim with the administrator or request an administrative hearing under KRS § 393A.540; and
(c) The administrator shall consider an amended claim filed under paragraph (b)
of this subsection as an initial claim.
(4) If the administrator does not take action on a claim during the ninety (90) day period following the filing of a claim under KRS § 393A.510(1), the claim shall be deemed denied.
Effective: July 14, 2018
History: Created 2018 Ky. Acts ch. 163, sec. 52, effective July 14, 2018.