132.270 Reporting and assessment of property held in pawn or pledge -- Lien.
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/ky/chapter-132/132-270A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Every person engaged in the business of receiving property in pledge or as security for money or other things advanced to pawners or pledgers shall return under oath, the fair cash value of all property so pledged and held on January 1 of each year. Taxes shall be assessed on the value of such property to the person holding it as on other property owned by him and he shall have a lien on the property to secure the amount of tax due.