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Current as of January 01, 2024 | Updated by FindLaw Staff
All moneys which are deposited with the clerk and which are payable to a third person, not the Commonwealth, or which may become payable to such third person as a result of court action or otherwise shall:
(1) Be logged in the appropriate record of the clerk and the person paying or depositing the money shall be given a receipt;
(2) Be deposited daily in a bank approved as a state depository bank in a special escrow account or accounts subject to the clerk's withdrawal as required in the daily course of the clerk's business or as may be ordered by a court; and
(3) Not be subject to the provisions of KRS Chapter 41 relating to the deposit of money in the State Treasury until by action of a court, such as forfeiture of a bond, the money is due and owing to the Commonwealth.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title IV. Judicial Branch § 30A.200.Moneys deposited with court clerks and payable to a third person - last updated January 01, 2024 | https://codes.findlaw.com/ky/title-iv-judicial-branch/ky-rev-st-sect-30a-200/
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