393A.090 When stored-value card presumed abandoned
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KY Code › Title XXXIV › Chapter 393A › Section 393A.090
Text
393A.090 When stored-value card presumed abandoned.
(1) Subject to Section KRS 393A.120, the net card value of a stored-value card, other
than a payroll card or a gift card, shall be presumed abandoned on the latest of three
(3) years after:
(a) December 31 of the year in which the card is issued or additional funds are
deposited into it;
(b) The most recent indication of interest in the card by the apparent owner; or
(c) A verification or review of the balance by or on behalf of the apparent owner.
(2) The amount presumed abandoned in a stored-value card shall be the net card value
at the time it is presumed abandoned.
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