Ky. Rev. Stat. » Chapter 393
Kentucky Revised Statutes

Ky. Rev. Stat. § 393.068 (2026)

Presumption of abandonment of personal property held by federal

✓ current as of May 2026
Find cases: SyfertCases citing this section KY-LRCapps.legislature.ky.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

government.

(1) All tangible personal property or intangible personal property, including choses in action in amounts certain, and all debts owed or entrusted funds or other property held by the federal government or any federal agency, or any officer, or appointee thereof, shall be presumed abandoned in this state if the last known address of the owner of the property is in this state and the property has remained unclaimed for three (3) years.

(2) The federal government or any federal agency thereof which pays or delivers abandoned property to the department under this section is relieved of all liability to the extent of the value of the property so paid or delivered for any claim which then exists or which thereafter may arise or be made in respect to the property.

(3) The federal government or any federal agency thereof may deduct from the amounts to be paid or delivered to the department the proportionate share of the actual and necessary costs of examining records and reporting such information. Effective: April 10, 2014 History: Amended 2014 Ky. Acts ch. 102, sec. 5, effective April 10, 2014. -- Amended 1994 Ky. Acts ch. 58, sec. 7, effective March 10, 1994. -- Created 1960 Ky. Acts ch. 142, sec. 10, effective June 16, 1960.

Notes of Decisions
Cited in 2 cases, 2012–2012 · leading case: Treasurer of New Jersey v. United States Dep't of the Treasury, 684 F.3d 382 (3d Cir. 2012).
Sort: Relevance Newest Treatment
Treasurer of New Jersey v. United States Dep't of the Treasury, 684 F.3d 382 (3d Cir. 2012). · cites it 2× “2 (providing that property where the obligor is a branch of the United States government is presumed abandoned after one year); Ky. Rev.Stat. Ann. § 393.068 (“[a]ll ... personal property .”
Treasurer State NJ v. US Dept Treas (3d Cir. 2012). · cites it 2× “60, § 657 (property held by a state or other government presumed abandoned after being unclaimed for one year); Ky. Rev. Stat. Ann. § 393.068 (1) (property held by Federal Government presumed abandoned if it remains unclaimed for more than five years); Mo.”
Ky. Rev. Stat. § 393.068(1): 1 case
Treasurer of New Jersey v. United States Dep't of the Treasury, 684 F.3d 382 (3d Cir. 2012). “2 (providing that property where the obligor is a branch of the United States government is presumed abandoned after one year); Ky. Rev.Stat. Ann. § 393.068 (“[a]ll ... personal property .”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.