Kentucky Revised Statutes

Ky. Rev. Stat. § 393.062 (2026)

Repealed, 2018

✓ current as of May 2026

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Catchline at repeal: Presumption of abandonment of unclaimed funds held by life insurance corporation. History: Repealed 2018 Ky. Acts ch. 163, sec. 93, effective July 14, 2018. -- Amended 2003 Ky. Acts ch. 95, sec. 8, effective June 24, 2003. -- Created 1960 Ky. Acts ch. 142, sec. 2, effective June 16, 1960.

Notes of Decisions

Cited in 1 case, 2010–2010 · leading case: Lassiter v. Am. Express Travel Related Servs. Co., 308 S.W.3d 714 (Ky. 2010).

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Lassiter v. Am. Express Travel Related Servs. Co., 308 S.W.3d 714 (Ky. 2010). · cites it 2× “See KRS 393.062(2). Accordingly, after fifteen years, traveler’s checks that have not been redeemed are presumed abandoned and escheat to the state pursuant to KRS Chapter 393.”

— Ky. Rev. Stat. § 393.062(2) — 1 case

Lassiter v. Am. Express Travel Related Servs. Co., 308 S.W.3d 714 (Ky. 2010). “See KRS 393.062(2). Accordingly, after fifteen years, traveler’s checks that have not been redeemed are presumed abandoned and escheat to the state pursuant to KRS Chapter 393.”

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