(1) The Finance and Administration Cabinet shall examine all authorizations for payment presented, and if it finds them correct shall file them and issue warrants upon the State Treasurer. The Finance and Administration Cabinet shall not certify any claim to the State Treasurer until it is satisfied that there is in the appropriation to the budget unit against which the claim is chargeable, a sufficient amount to pay the claim. The Finance and Administration Cabinet may rely on the preaudit performed by a budget unit as a basis for issuing a warrant.
(2) The Finance and Administration Cabinet, the Chief Justice, and the Legislative Research Commission with the approval of the Attorney General, may authorize the compromise of any disputed claim by or against their respective branches of government. In the event of a claim against the Commonwealth which cannot be ascribed to a particular branch of government or budget unit thereof, with the approval of the Attorney General, it may be compromised by agreement among them.
Effective: July 1, 1983
History: Created 1982 Ky. Acts ch. 450, sec. 44, effective July 1, 1983.