LegalFix

30A.205 Interest on deposits.

KY Rev Stat § 30A.205 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

30A.205 Interest on deposits. (1) The bank accounts of the circuit clerk authorized by KRS 30A.200 shall accrue interest at such rate per annum upon the average daily deposit on hand at the close of banking hours as may be agreed upon by the bank and the Chief Justice or his designee. Interest accrued shall not be at a rate less than the interest paid on similar accounts of the Commonwealth in that bank. (2) Interest shall accrue to the state and be paid to the State Treasury by the circuit clerk every six (6) months in the same manner as other moneys due the state. (3) For services rendered by the depositories there shall be no charges made of any character or description. Effective: June 17, 1978 History: Created 1978 Ky. Acts ch. 200, sec. 2, effective June 17, 1978.

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
30A.205 Interest on deposits.