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Unclaimed property laws in the United States provide for two reporting periods each year whereby unclaimed bank accounts, stocks, insurance proceeds, utility deposits, un-cashed checks and other forms of "personal property" are reported first to the individual state's Unclaimed Property Office, then published in a local newspaper and then ...
Kentucky Revised Statutes; University of Louisville Digital Collection: The statute law of Kentucky with notes, praelections, and observations on the public acts : comprehending also, the laws of Virginia and acts of Parliament in force in this commonwealth : the charter of Virginia, the federal and state constitutions, and so much of the king of England's proclamation in 1763 as relates to ...
Unowned property includes tangible, physical things that are capable of being reduced to being property owned by a person but are not owned by anyone. Bona vacantia (Latin for "ownerless goods") is a legal concept associated with the unowned property, which exists in various jurisdictions, with a consequently varying application, but with origins mostly in English law.
There’s still time for more bills to become Kentucky law as the legislature returns to finally pass more bills and override vetoes, so this story will be updated in the days ahead.
Adverse possession in common law, and the related civil law concept of usucaption (also acquisitive prescription or prescriptive acquisition), are legal mechanisms under which a person who does not have legal title to a piece of property, usually real property, may acquire legal ownership based on continuous possession or occupation without the permission of its legal owner.
Accountants distinguish personal property from real property because personal property can be depreciated faster than improvements (while land is not depreciable at all). It is an owner's right to get tax benefits for chattel, and there are businesses that specialize in appraising personal property, or chattel.
Here are some of the more than 200 laws passed by the Kentucky legislature that take effect July 15. ... Homes Program to provide grants to property owners, contractors, nonprofits and others to ...
Kentucky has been on the front lines of the debate over displaying the Ten Commandments on public property. In the 2005 case of McCreary County v. ACLU of Kentucky , the U.S. Supreme Court upheld the decision of the Sixth Circuit Court of Appeals that a display of the Ten Commandments in the Whitley City courthouse of McCreary County was ...
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