Kentucky Administrative Regulations Title 20 - DEPARTMENT OF TREASURY
Here’s a detailed overview of Kentucky Administrative Regulations (KAR) Title 20 – Department of Treasury, which governs State Treasury operations—especially unclaimed property—under Chapter 1 (State Treasury):
📘 Title 20 – Chapter 1: State Treasury
This chapter comprises 10 regulations, all updated as of December 15, 2021 (apps.legislature.ky.gov):
20 KAR 1:010 — Access to public records of State Treasury
Outlines procedures for public records requests and disclosures.
20 KAR 1:020 — Unclaimed property; definitions; location of owners
Defines key terms and sets standards for locating property owners.
20 KAR 1:030 — Unclaimed property; escheating
Establishes when property must be turned over to the state.
20 KAR 1:040 — Unclaimed properties; claims
Details how individuals may file claims to recover unclaimed property.
20 KAR 1:050 — Unclaimed property; examination of holder records
Describes how Treasury may audit holders to trace unclaimed property.
20 KAR 1:060 — Unclaimed property; safe deposit boxes or other safekeeping repositories
Governs reporting/inventory/liquidation of unclaimed contents (regulations.justia.com, apps.legislature.ky.gov, casetext.com).
20 KAR 1:070 — Unclaimed property; administrative hearing, appeals process
Provides process for hearings and appeals related to unclaimed property decisions.
20 KAR 1:080 — Reports to be filed by holders of unclaimed property
Specifies reporting requirements for businesses holding unclaimed assets.
20 KAR 1:090 — Accounts for unclaimed property held in interest‑bearing demand, savings, or time deposit
Addresses handling of unclaimed interest-bearing accounts.
20 KAR 1:100 — Multiple claims on the Unclaimed Property Fund
Sets rules for resolving competing claims to the same property (law.cornell.edu, regulations.justia.com, casetext.com).
🛠️ Sources & Navigation
The official Kentucky legislature website confirms the full list under Title 20, Chapter 1 and the December 2021 update (apps.legislature.ky.gov).
Third-party repositories (Justia, Cornell LII) mirror the sections 1:010–1:100 (law.cornell.edu).
CaseText provides deeper insight into select sections (like 1:060 and 1:100) .
✅ Summary
Title 20 KAR—particularly Chapter 1—focuses heavily on unclaimed property: defining it, detailing escheatment to the state, outlining holder responsibilities (reporting, audits), explaining claims, and laying out appeals procedures. Public records access is also covered.
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