135.040 Equitable action by Department of Revenue on unsatisfied execution or

378 words·~2 min read·/ky/135-040

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

uncollectible tax bill -- County attorney to assist -- Limitation -- Penalty.

(1)On the return of "no property found" on an execution issued upon a judgment in

favor of the state, the Department of Revenue may institute equitable proceedings in

the Franklin Circuit Court or any other court of competent jurisdiction, in the name

of the state and on the relation of the commissioner of revenue. The choses in action

or other equitable estate of the delinquent shall be subjected to the payment of the

amount due on any such execution.

(2)On the return to the fiscal court or the county clerk of any tax bill as uncollectible, a

like suit may be instituted in the name of the state on the relation of the

commissioner of revenue in any court of competent jurisdiction, and the choses in

action or other equitable estate of the delinquent may be subjected to the amount

due on any such tax bill. In such proceedings attachment may issue and other

proceedings may be taken as are authorized on the return of "no property found" on

an execution in favor of individuals.

(3)The county attorneys of the respective counties shall assist the Department of

Revenue in prosecuting the actions mentioned in this section.

(4)No action shall be maintained under the provisions of subsection

(1)of this section

when the last execution issued has been returned "no property found" more than ten

(10)years before the institution of the action, nor shall an action be maintained on

the uncollectible tax bill under the provisions of subsection

(2)of this section more

than five

(5)years after the date of the return by the sheriff or collector.

(5)Every person against whom an execution has been returned "no property found" and

upon which an equitable action is instituted, as provided in subsection

(1)of this

section, shall be liable for a penalty of twenty percent (20%) of the amount due on

the execution. The penalty may be recovered in the action, with the amount due on

the execution. The penalty shall go to the delinquent tax fund provided for under

KRS 134.552, unless the county attorney assists in the prosecution, in which case

one-half (1/2) shall go to the county attorney.