# KRS § 393A.035: 393A.035 Unclaimed property trust fund

> Kentucky · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.035

## Section

- **Citation:** KRS § 393A.035
- **Heading:** 393A.035 Unclaimed property trust fund
- **Jurisdiction:** Kentucky
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** KY Code / Title XXXIV / Chapter 393A / Section 393A.035

## Text

393A.035 Unclaimed property trust fund.

(1) The unclaimed property trust fund is established in the Treasury of the

Commonwealth.

(2) The trust fund shall be administered by the Finance and Administration Cabinet and

all money in excess of the amount to be disbursed in a given fiscal year shall be

invested to maximize returns.

(3) The trust fund shall consist of moneys received from appropriations, gifts, grants,

federal funds, or moneys received on or after July 1, 2020.

(4) Interest earnings of the fund shall accrue to the trust fund, except to the extent that

on July 1 of any fiscal year, if the trust fund has a balance which exceeds one

hundred million dollars ($100,000,000), the interest earnings of the fund shall

accrue to the general fund.

(5) Notwithstanding KRS 45.229 and except as provided by subsection (4) of this

section, moneys deposited in the fund shall become a part of the fund and shall not

lapse.

(6) Nothing in this section shall be interpreted to prohibit the General Assembly from

appropriating funds to:

(a) The Department of the Treasury; or

(b) The unclaimed property trust fund.

## Nearby sections

- [KRS § 393A.010 393A.010 Definitions for chapter](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.010.md)
- [KRS § 393A.020 393A.020 Inapplicability to foreign transaction](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.020.md)
- [KRS § 393A.030 393A.030 Administrative regulations](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.030.md)
- [KRS § 393A.035 393A.035 Unclaimed property trust fund](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.035.md)
- [KRS § 393A.040 393A.040 When property presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.040.md)
- [KRS § 393A.050 393A.050 When tax-deferred retirement account presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.050.md)
- [KRS § 393A.060 393A.060 When other tax-deferred account presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.060.md)
- [KRS § 393A.070 393A.070 When custodial account for minor presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.070.md)
- [KRS § 393A.080 393A.080 When contents of safe-deposit box presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.080.md)
- [KRS § 393A.090 393A.090 When stored-value card presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.090.md)
- [KRS § 393A.100 393A.100 When security presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.100.md)
- [KRS § 393A.110 393A.110 When related property presumed abandoned](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.110.md)
- [KRS § 393A.120 393A.120 Indication of apparent owner interest in property](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.120.md)
- [KRS § 393A.130 393A.130 Knowledge of death of insured or annuitant](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.130.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXXIV_C393A_S393A.035. Check the current official text before relying on it. Not legal advice.