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Kentucky Revised Statutes Title XVIII. Public Health § 218A.425.Valuation of property retained for official use

Current as of January 01, 2025 | Updated by Findlaw Staff

When seized property is retained for official use by law enforcement agencies under this chapter the value of the property shall be determined as follows:

(1) Vehicles shall be valued at their tax value;

(2) All other property shall be valued at its fair cash value by the property valuation administrator;

(3) Property shall be valued as of the time of sale by the law enforcement agency.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title XVIII. Public Health § 218A.425.Valuation of property retained for official use - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xviii-public-health/ky-rev-st-sect-218a-425/

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