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Code · Kentucky · Chapter 393A — Revised uniform unclaimed property act

393A.690 Judicial remedy.

180 words·~1 min read·/ky/chapter-393a/393a-690

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

(1)Not later than ninety
(90)days after receiving notice of the administrator's
determination under KRS 393A.650, the putative holder may:
(a)File an action against the administrator in the appropriate court challenging
the administrator's determination of liability and seeking a declaration that the
determination is unenforceable, in whole or in part; or
(b)Pay the amount or deliver the property determined by the administrator to be
paid or delivered to the administrator and, not later than six
(6)months after
payment or delivery, file an action against the administrator in the appropriate
court for a refund of all or part of the amount paid or return of all or part of
the property delivered.
(2)If a putative holder pays or delivers property the administrator determined shall be
paid or delivered to the administrator at any time after the putative holder files an
action under subsection (1)(a) of this section, the court shall continue the action as
if it had been filed originally as an action for a refund or return of property under
subsection (1)(b) of this section.
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