Kentucky Revised Statutes

Ky. Rev. Stat. § 393.020 (2026)

Property subject to escheat

✓ current as of May 2026

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If any property having a situs in this state has been devised or bequeathed to any person and is not claimed by that person or by his heirs, distributees, or devisees within three (3) years after the death of the testator, or if the owner of any property having a situs in this state dies without heirs or distributees entitled to it and without disposing of it by will, it shall vest in the state, subject to all legal and equitable demands. Any property abandoned by the owner, except a perfect title to a corporeal hereditament, shall vest in the state, subject to all legal and equitable demands. Any property that vests in the state under this section shall be liquidated, and the proceeds, less costs, fees, and expenses incidental to all legal proceedings of the liquidation shall be paid to the department. Effective: June 24, 2003 History: Amended 2003 Ky. Acts ch. 95, sec. 7, effective June 24, 2003. -- Amended 1994 Ky. Acts ch. 58, sec. 3, effective March 10, 1994; and ch. 83, sec. 1, effective July 15, 1994. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 1606.

Notes of Decisions

Cited in 6 cases, 1942–2016 · leading case: Commonwealth ex rel. Breckinridge v. Monroe Co., 378 S.W.2d 809 (Ky. Ct. App. 1964).

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Commonwealth ex rel. Breckinridge v. Monroe Co., 378 S.W.2d 809 (Ky. Ct. App. 1964). · cites it 5× “See KRS 393.020. The holders of a mortgage on the property, Harry Dennert and William J.”

Watkins v. Commonwealth, 307 S.W.3d 628 (Ky. 2010). “753; KRS 393.020; and Com. by Geary v. Johnson, 668 S.”

Gilland v. Dougherty, 500 S.W.3d 217 (Ky. Ct. App. 2016). “KRS 393.020. Accordingly, we reverse and remand the Nelson Circuit Court’s final judgment granting the Doughertys’ quiet title action for further proceedings.”

Anderson Nat. Bank v. Reeves, 170 S.W.2d 350 (Ky. Ct. App. 1942). “*737 By sections 3 to 6 of the Act inclusive (KRS sections 393.020, 393.030, 393.040 and 393.”

Williams v. Farmers Stockyard, Inc., 297 S.W.3d 586 (Ky. Ct. App. 2009). · cites it 4× “In such case, absent the application of the reasoning in Quiggins , the blind application of KRS 393.020 [2] would direct that the assets remaining would escheat to the Commonwealth of Kentucky.”

Commonwealth ex rel. Geary v. Johnson, 668 S.W.2d 569 (Ky. Ct. App. 1984). “KRS 393.020 provides, in part, that “any property abandoned by the owner, except a perfect title to a corporeal hereditament, shall vest in the state, subject to all legal and equitable demands.”

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