45.240 Treatment of erroneous payments recovered within 60 days of identification
233 words·~1 min read·
/ky/45-240A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
-- KRS 45.237 and 45.238 applicable to erroneous payments recovered after 60
days.
(1)Whenever any payment from public money is made in error, or for an amount in
excess of the amount found to be properly due and payable, and the payment or
excess amount is recovered within sixty
(60)days from the date the erroneous or
excess payment was identified, the funds shall be allocated to the fund from which
the improper payment was expended, the balance in the appropriation from which
the payment was made shall be increased by the amount recovered, and the amount
recovered shall be deducted from the disbursements from that appropriation.
(2)If the payment or excess amount which is later recovered is in the form of an
unnegotiated State Treasurer's check, said check shall be transmitted direct to the
State Treasurer who shall void it. After voiding the check, the State Treasurer shall
notify the appropriate agency of the action taken concerning the check.
(3)Whenever any payment from public money is made in error, or for an amount in
excess of the amount found to be properly due and payable, and the payment or
excess amount is recovered after sixty
(60)days from the date the erroneous or
excess payment was identified, the provisions set forth in KRS 45.237 and 45.238
shall apply, and the funds shall be allocated as provided in those sections.