§ 65.003 Codes of ethics for city, county, charter county, urban-county government, and consolidated local government officials and employees — Codes of ethics for boards, officers, and employees of special purpose governmental entities — Interlocal agreem
§ 65.005 Notice to county clerk of establishment of political subdivision — Application of provisions only before July 1, 2014 — Transition to reporting requirements of KRS 65A.010 to 65A.090 — Duties of clerk — Fee — Notice by existing districts
§ 65.007 Removal of appointed member of special district governing body — Hearing — Appeal
§ 65.008 Expiration of term of appointed member of governing body of authority
§ 65.009 Ex officio member of district governing body — Designation by fiscal court
§ 65.012 Requirements for referendum petitions
§ 65.013 Tax dollars not to be used to advocate for or against public question on ballot
§ 65.014 Required use of public funds for election administration
§ 65.015 Legislative intention to occupy field regarding provisions of KRS 336.130
§ 65.016 Prohibition against requiring any employer to pay employee a certain wage or fringe benefit
§ 65.025 Prohibitions relating to employment of entities providing architectural services and construction management services on capital construction projects — Effect of violation — Best value procurement criteria — Exception
§ 65.027 Reciprocal preference to be given to resident bidders by local governments
§ 65.028 Public-private partnership delivery method of awarding contracts for capital construction projects — Kentucky Local Government Public-Private Partnership Board
§ 65.029 Appropriation to West End Opportunity Partnership conditioned upon partnership’s receipt of private and consolidated local government funding
§ 65.030 Record-keeping by computer or other rapid-access data collection system
§ 65.032 Online portal for electronic filing of recorded instruments — Timeline
§ 65.037 Definitions — Affidavit in lieu of lost, damaged, or destroyed local government record — Good-faith attempt at replacement or re-creation — Contents of affidavit — Exception
§ 65.041 Disposition of firearms or ammunition owned by unit of local government — Disposition of proceeds upon sale
§ 65.045 Civil action against firearms or ammunition manufacturer, trade association, or dealer
§ 65.055 Duty of county judge/executives and mayors to distribute information to local officials and board members — Electronic distribution permitted
§ 65.060 Definition of district
§ 65.065 Budgets — Application only to fiscal periods ending before July 1, 2014 — Transition to requirements of KRS 65A.010 to 65A.090 — Filing — Financial statements — Audits — Enforcement
§ 65.067 Bond required of persons handling public funds — Compliance by elected officials and their employees
§ 65.068 Fees for fingerprint impressions or photograph requested for professional, trade, or commercial purposes or personal use
§ 65.070 Filing with county clerk and fiscal court — Application of provisions only to fiscal periods ending before July 1, 2014 — Transition to requirements of KRS 65A.010 to 65A.090 — Publication of descriptive information on the district — Submission
§ 65.110 Public improvement assessment bills
§ 65.112 Compensation for sewage treatment utility property — Eminent domain — Surcharge to customers
§ 65.113 Consumer use of specified utility services and liquefied petroleum gas not to be restricted — Authority of Public Service Commission and local government
§ 65.114 Investment in securitized bonds — Limitations — Determination of connection by commission — Limitation on adverse governmental actions affecting rights in securitized property
§ 65.117 Notice to state local debt officer required before any financial obligation entered into — Administrative regulations
§ 65.120 Revenues from fees, fines and forfeitures related to parking
§ 65.125 Enactment and administration of special ad valorem tax
§ 65.130 Local governments authorized to display historic religious and nonreligious artifacts, monuments, symbols, and texts in public buildings and on public property owned by the local governments
§ 65.133 Responsibility for enforcement of sex offender registration laws
§ 65.135 Legislative intention to occupy field regarding violations of KRS 439.3401 and KRS 17.500
§ 65.140 Local governments required to pay for purchases within 30 days — Interest penalty
§ 65.150 Expenditure of funds for liability or property insurance
§ 65.154 “Employer”, “employee” defined — Spouse to acknowledge action in writing if not named as beneficiary by employee
§ 65.155 Pick up of employee contributions
§ 65.156 Actuarial valuation requirement for local government pension systems — Exemptions — Copy to Legislative Research Commission — Contributions by cities, municipal agencies, urban-county governments, or consolidated local governments — Payment of l
§ 65.157 County may appropriate funds to a city within a county or city may appropriate funds to county in which it is located — Specification of uses — Accounting on expenditures
§ 65.1575 Charitable community foundations — Relationship with local governments
§ 65.158 Procedure for city, consolidated local government, or urban-county employee nontax payroll deductions
§ 65.159 Incentive programs for emergency services personnel achieving health and fitness goals
§ 65.1591 Peer support counseling
§ 65.160 Special districts may be formed by two or more counties
§ 65.162 Special districts may be expanded to include additional counties
§ 65.164 “District.”
§ 65.166 Fiscal court procedure for alteration or dissolution of district
§ 65.168 Appeal
§ 65.170 Dissolution by referendum
§ 65.172 Dissolution on majority vote — When dissolution opposed, restriction on further attempt
§ 65.174 Dissolution of multicounty districts
§ 65.176 Withdrawal of membership
§ 65.180 Definition of “taxing district.”
§ 65.181 Compliance with KRS 65A.010 to 65A.090
§ 65.182 Procedures for creating taxing district
§ 65.184 Petition — Contents — Signatures
§ 65.186 Appeal from decision of fiscal court to form a taxing district
§ 65.188 Two or more counties included in one district
§ 65.190 Effect of amendment or repeal of section of KRS by 1984 Acts Chapter 100
§ 65.192 Alternate method of creating a taxing district in counties containing a consolidated local government or a city of the first class
§ 65.200 Definitions for KRS 65.2001 to 65.2006
§ 65.2001 Application and construction of KRS 65.2002 to 65.2006
§ 65.2002 Amount of damages recoverable against local governments
§ 65.2003 Claims disallowed
§ 65.2004 Periodic payment of damages
§ 65.2005 Defense of employee by local government — Liability of employee
§ 65.2006 Judgments affected
§ 65.205 Definitions for KRS 65.205 to 65.209
§ 65.206 Establishment of program to advance conservation and efficient use of energy and water resources
§ 65.207 Assessments on EPAD real property to repay energy project financing and associated costs — Conditions — Notice — Collection
§ 65.208 Assessment imposed only at request of owner of EPAD real property to repay project financing
§ 65.209 Issuance of bonds or notes to finance energy projects — Security — Lien
§ 65.210 Short title of KRS 65.210 to 65.300
§ 65.220 Purpose of KRS 65.210 to 65.300
§ 65.230 Definitions for KRS 65.210 to 65.300
§ 65.240 Joint exercise of power by state agencies with other public agencies — Permissible agreements among private institutions of higher education, county school districts, and independent school districts
§ 65.241 Public agency must notify establishing local governments of its intent to enter into interlocal agreement — Response or nonresponse of local governments
§ 65.242 Change in parties to interlocal agreement
§ 65.243 Status and authorities of interlocal agency created by interlocal agreement — Interlocal agreement controls if more restrictive than KRS 65.210 to 65.300 — Status and authorities are cumulative — No statutory power to tax granted to interlocal ag
§ 65.250 Contents of agreements authorized by KRS 65.240
§ 65.255 Powers of peace officers operating under cooperative interlocal agreement
§ 65.260 Limitations upon agreements — Approval by Attorney General or Department for Local Government — Exemptions
§ 65.270 Revenue bonds
§ 65.280 Effect of civil service laws and regulations upon transferred employees
§ 65.290 Copies of agreement must be filed — Status of public agencies in case or controversy involving agreement between or among agencies of other state or United States
§ 65.300 Approval of agreement by officer or agency required
§ 65.310 Definitions for KRS 65.310 to 65.314
§ 65.312 Applicability of Open Records Act and Open Meetings Act to governing bodies of public entity and affiliated organizations — Exceptions — Financial data to be posted on Web — Annual audit
§ 65.314 Adoption of procurement, personnel, and compensation policies and code of ethics
§ 65.320 Local Government Training Advisory Council
§ 65.323 Duties of council
§ 65.327 Use of existing training providers
§ 65.330 Members not to be compensated
§ 65.333 Meetings
§ 65.337 Quorum — Vote requirement
§ 65.350 Definitions for KRS 65.350 to 65.375
§ 65.352 Compliance with KRS 65A.010 to 65A.090
§ 65.355 Creation of authority
§ 65.360 Board of authority
§ 65.365 List of electronic mail addresses of interested housing authorities
§ 65.370 Acquisition and disposal of property — Publication of information — Taxes extinguished — Proceeds of sale or disposal — Remittance of property taxes
§ 65.375 Conditions under which authority to take title to tax-delinquent properties
§ 65.410 Definitions
§ 65.420 Acquisition of easements, purposes
§ 65.430 Local legislative bodies may acquire interest in real property
§ 65.440 Local legislative bodies, additional powers
§ 65.450 Valuation and taxation of legislative body’s interest in real property
§ 65.460 Local legislative bodies denied power of eminent domain
§ 65.462 Acceptance of instrument constitutes dedication — Term of easement and covenant
§ 65.464 Covenant against cutting of trees
§ 65.466 Requirements for acceptance
§ 65.468 Planning commission to issue advisory report on acquisition
§ 65.470 Construction in violation of easement prohibited — Injunctive relief
§ 65.472 Recording of easement
§ 65.474 Extension of term of easement
§ 65.476 Termination of easement
§ 65.478 Consent of owner of subsurface rights to easement
§ 65.480 Construction of certain improvements not prohibited
§ 65.490 Definitions for KRS 65.490 to 65.499
§ 65.491 Legislative findings regarding tax increment financing
§ 65.493 Development areas for tax increment financing — Qualifications
§ 65.4931 Extension of pilot program period for not more than 25 years — Conditions — Reports
§ 65.494 KRS 65.490 to 65.499 limited to development areas established by county containing city of the first class or a city of the first class before March 23, 2007
§ 65.495 State and local development contracts for release of tax increments or grant awards — Limitations
§ 65.497 State and local development contracts for benefits derived by taxing authority — Annual renewal
§ 65.499 Notice of contract of release to tax collector — Distribution of tax revenues
§ 65.500 Legislative findings — Purposes of KRS 65.500 to 65.506 and 141.398
§ 65.501 Definitions for KRS 65.500 to 65.506
§ 65.502 West End Opportunity Partnership — Powers and duties — Purposes
§ 65.503 Governing board of West End Opportunity Partnership — Membership — Substitutions — Meetings — Training
§ 65.504 Local participation agreement to pledge percentage of incremental revenues to West End Opportunity Partnership
§ 65.505 Documentation, records, and release of incremental revenues — Bonds — Biennial report
§ 65.506 West End Louisville Advisory Council — Membership — Duties
§ 65.510 Definitions for KRS 65.510 to 65.650
§ 65.520 Establishment — General powers — Cabinet’s oversight responsibilities
§ 65.530 Purpose, duties, and powers of riverport authority
§ 65.540 Members of authority — Appointment, terms — Removal — Effect of compact
§ 65.550 Withdrawal of city or county — Successors — Agreed dissolution
§ 65.560 Meetings of authority — Quorum — Effect of tie vote
§ 65.570 Compensation of members — Employees — Duties of secretary-treasurer — Effect of compact
§ 65.580 City or county may appropriate funds or levy tax for use of riverport authority
§ 65.590 Riverport authority may borrow money, how secured
§ 65.600 Revenue bonds issued, when
§ 65.610 Contracts for use of facilities — Maintenance costs, how paid
§ 65.620 Title to property — Tax exemptions
§ 65.630 Exercise of powers declared public function — Property held for public purpose
§ 65.640 Authority may indemnify the United States for damages resulting from improvements
§ 65.650 Commitments of authority to the United States to improve navigability
§ 65.660 Creation of single-county emergency services board — Replacement of existing fire, ambulance, and rescue squad boards — Boundaries — Taxing powers — Dissolution or alteration of boundaries
§ 65.661 Compliance with KRS 65A.010 to 65A.090
§ 65.662 Creation of multicounty emergency services board — Replacement of existing fire, ambulance, and rescue squad boards — Boundaries — Taxing powers — Dissolution or alteration of boundaries
§ 65.664 Powers of emergency services boards
§ 65.666 Management of single-county emergency services board — Board appointments — Terms of board members — Residency requirement — Removal
§ 65.668 Management of multicounty emergency services board — Board appointments — Terms of board members — Residency requirement — Removal — Vacancies
§ 65.670 Levy of ad valorem tax — License fee — Purpose
§ 65.672 Contracts for fire, ambulance, and emergency squad services
§ 65.674 Provision of emergency services through agency of county government — Dedicated county ad valorem tax — Exception to tax levy recall provisions
§ 65.676 Emergency services tax supplemental to existing tax of fire, ambulance, and emergency squad districts — Aggregate tax limits
§ 65.679 KRS 65.660 to 65.679 supersede structure and taxing privileges of fire, ambulance, and emergency squad districts — Other provisions not affected
§ 65.680 Definitions for KRS 65.680 to 65.699
§ 65.682 Legislative finding
§ 65.683 KRS 65.680 to 65.699 limited to development areas established under KRS 65.686 by a city or county before March 23, 2007
§ 65.684 Powers of city or county for economic development
§ 65.6851 Option to impose assessment fee on certain newly created jobs — Limitation on amount — Tax credit for assessed employees — Restriction on multiple assessments — Termination — Requirements to exercise option — Transition provisions
§ 65.6853 Relationship to other job development assessment fees — Maximum on total tax credits
§ 65.6855 Application of assessments — Employer’s duties
§ 65.686 Establishment or modification of development area — Procedure — Termination
§ 65.687 Extension of termination date for development area — Conditions
§ 65.688 Special fund for outstanding increment bonds
§ 65.690 Ordinances governing increment bonds — Required provisions
§ 65.692 Permitted purposes for bond issuance
§ 65.694 Pledge of increments for bond payment — Precedence of pledges
§ 65.696 Development area grant contract — Required provisions
§ 65.6971 Development area for infrastructure development — Application — Approval — Ordinance creating area — Increment amounts — Grant contracts — Portion of increment due from each taxing district — Financing account — Reports — Operating procedur
§ 65.6972 Development area and related project — Application — Approval — Requirements for project — Independent consultant — Approval by authority — Ordinance — Grant contracts — Portion of increment due from each taxing district — Financing account
§ 65.698 Authority of KRS 65.680 to 65.699 supplemental to other legal authority
§ 65.699 Short title for KRS 65.680 to 65.699
§ 65.7041 Findings of General Assembly relative to KRS 65.7041 to 65.7083
§ 65.7043 Purposes of KRS 65.7041 to 65.7083
§ 65.7044 Oversight and responsibility for Commonwealth’s participation in tax increment financing
§ 65.7045 Definitions for KRS 65.7041 to 65.7083
§ 65.7047 Establishment of local development areas — Conditions for establishment — Steps for establishment or modification — Funding — Execution of agreement — Pledge of revenues — Reporting requirements — Administrative regulations
§ 65.7049 Establishment of development area for investment, reinvestment, development, use, and reuse pursuant to this section and KRS 65.7051 and 65.7053 — Conditions for establishment — Findings required
§ 65.7051 Establishment of development plan for a development area — Public hearing
§ 65.7053 Contents of ordinance establishing a development area — Agency to oversee and administer implementation of ordinance — Termination date
§ 65.7055 Amendment, change, or revision to development plan or development area — Adoption — Hearing and notice — Ordinance
§ 65.7056 Occupational license fee — Assessment — Credit against other license fee — Collection and remittance — Job development assessment fee — Fee maximums
§ 65.7057 Permitted sources for local funding for redevelopment assistance or projects — Special assessments — Local participation agreement required
§ 65.7059 Issuance of increment bonds by local governments
§ 65.7061 Special fund to be pledged for retirement of increment bonds — Requirements governing disbursal of funds
§ 65.7063 Requirements for local participation agreements — Pledge of incremental revenues superior to other pledges of revenues
§ 65.7065 Service payment agreement — Power of city, county, or issuer to enter into agreement — Liens, priority, validity, enforceability, and termination
§ 65.7067 Real property in development areas not eligible for assessment moratoriums under KRS 99.600
§ 65.7069 State Tax Increment Financing Commission — Members — Powers and duties — Annual report
§ 65.7083 Payment and release of incremental revenues — Duties of local taxing districts and Department of Revenue
§ 65.710 Contract requirements
§ 65.720 Construction of contract provisions
§ 65.750 Definitions for KRS 65.750 to 65.760
§ 65.751 Legislative findings and declarations regarding 911 emergency services
§ 65.752 Requirements for enhanced 911 emergency service — Privacy of information
§ 65.754 Penalties for violations of KRS 65.752
§ 65.755 Digits reserved for emergency telephone number
§ 65.760 Establishment of 911 emergency telephone service by local government — Sources and disposition of revenues — Funding
§ 65.7621 Definitions for KRS 65.7621 to 65.7643
§ 65.7623 Kentucky 911 Services Board — Members — Expenses — Budget — Advisory council
§ 65.7625 Appointment and duties of state administrator of commercial mobile radio service emergency telecommunications
§ 65.7627 Commercial mobile radio service emergency telecommunications fund
§ 65.7629 Powers and duties of board
§ 65.7630 Gathering and reporting information regarding 911 emergency communications funding and costs — Annual report to board by agencies and providers — Administrative regulations — Information subject to disclosure under Open Records Act and informatio
§ 65.7631 Apportionment of money in CMRS fund
§ 65.7633 Promulgation of administrative regulations by board
§ 65.7634 CMRS prepaid service charge
§ 65.7635 Duty of commercial mobile radio service providers to act as collection agents for postpaid service charges for fund — Procedure for collection of service charges before and after January 1, 2017
§ 65.7636 Lifeline program provider to collect and remit monthly CMRS service charge to board — Enforcement of service charge collection — No impact on CMRS fees imposed prior to January 1, 2017 — Prohibited use of moneys received
§ 65.7637 Limitations of liability for CMRS providers, service suppliers, VoIP service providers, and 911 or next generation 911 system services or equipment providers
§ 65.7639 Information to be given to board by CMRS providers — Confidentiality of information
§ 65.7640 Mobile telecommunications services — Adoption of federal provisions — Notification of service provider about errors — Correction and refund — Exhaustion of remedies
§ 65.7641 Illegal use of wireless emergency telephone service — Penalties
§ 65.7643 Construction of KRS 65.7621 to 65.7643 with respect to Communications Act of 1934
§ 65.7701 Definitions for KRS 65.7703 to 65.7721
§ 65.7703 Authority to borrow money in anticipation of taxes or revenues — Notes to be payable only by appropriation
§ 65.7705 Note maximums
§ 65.7707 Maturity of notes — Payment of interest
§ 65.7709 Time of issuance — Format
§ 65.7711 Notes to be secured by pledge, lien, and charge — Sinking fund or note retirement fund
§ 65.7713 Enforcement of pledge, lien, and charge — Payment of notes
§ 65.7715 Estimate of revenues available for securing notes
§ 65.7717 Sale — Award to be made by legislation
§ 65.7721 Short title
§ 65.805 Definition of “district” for KRS 65.810 to 65.830
§ 65.810 Sole method of creating a nontaxing special district
§ 65.815 Petition for creation of nontaxing special district
§ 65.820 Appeal of decision of fiscal court on formation of nontaxing special district
§ 65.825 Creation of joint nontaxing special district
§ 65.830 Effect of KRS 65.805 to 65.830 on special districts created prior to July 13, 1984
§ 65.870 Local firearms control ordinances prohibited — Exemption from immunity — Declaratory and injunctive relief
§ 65.871 Local restrictions on sales of metals and products containing metal permitted — Conditions
§ 65.873 Local restrictions on use of mobile telephone in motor vehicle prohibited
§ 65.875 Prohibition against local rent control on private property
§ 65.877 Local governments’ authority to regulate holding of inherently dangerous wildlife — List of inherently dangerous wildlife
§ 65.879 Prohibition against local ordinances specifically applicable to residential care facilities for persons with a disability — Information to be provided by Cabinet for Health and Family Services — Facilities not exempted from general application ord
§ 65.8801 Purpose of KRS 65.8801 to 65.8839
§ 65.8805 Definitions for KRS 65.8801 to 65.8839
§ 65.8808 Code enforcement board creation — Joinder with additional cities or counties — Powers — Classification of violation of ordinance as civil offense
§ 65.8811 Membership of board — Term — Reappointment — Vacancy — Removal — Compensation
§ 65.8815 Organization of board — Meetings — Quorum — Minutes — Administrative personnel
§ 65.8818 Alternate board members
§ 65.8821 Powers of board
§ 65.8823 Abatement and decontamination of methamphetamine contamination — Ordinance
§ 65.8825 Enforcement proceedings — Procedure
§ 65.8828 Hearing — Notice — Failure to appear — Procedure — Final order
§ 65.8829 Hearing officer — Duties — Procedures — Ordinance for alternative procedure
§ 65.8831 Appeals — Final judgment
§ 65.8834 Uncollected liens — Enforcement — Inclusion on property tax bill
§ 65.8835 Lien — Recording — Responsibility for fines, charges, and fees
§ 65.8836 System for notification of lienholder — Requirements — Correction of violation — Precedence of lien
§ 65.8838 Immediate action to remedy violation of ordinances
§ 65.8839 Short title for KRS 65.8801 to 65.8839
§ 65.8840 Abatement of nuisance — Exceptions — Enforcement ordinance — Lien — Personal liability of property owner — Right to farm exception
§ 65.8901 Legislative findings — Statutory authority for regional wastewater commission
§ 65.8903 Definitions for KRS 65.8901 to 65.8923 and 69.8925
§ 65.8905 Procedure for forming regional wastewater commission
§ 65.8907 Appointment of commissioners — Terms
§ 65.8909 Procedure for inclusion of entity in existing regional wastewater commission
§ 65.8911 Organization of commission — Compensation — Bond — Applicability of Open Meetings Act and Open Records Act
§ 65.8913 Removal of commissioner for cause — Notice — Hearing
§ 65.8915 Withdrawal of member entity from regional wastewater commission — Payment of obligations — Vacancies
§ 65.8917 Managing board — Powers and duties of regional wastewater commission — Property and income exempt from tax
§ 65.8919 Commission to provide services to member entities and other parties on wholesale contract basis — Mandatory contract provisions — Rates and charges — Contract to manage existing wastewater facility
§ 65.8921 Procedure for establishing or changing rates or charges for service
§ 65.8923 Acquisition of appropriate sites, facilities, and funding
§ 65.8925 Web site to provide public access to expenditure records of regional wastewater commission — Monthly updates — Registration with Department for Local Government — Application of KRS 65A.010 to 65A.090
§ 65.900 Definitions for KRS 65.905 to 65.925
§ 65.905 Local governments required to file uniform financial information report — Application of provisions only to fiscal periods ending before July 1, 2014 — Transition to requirements of KRS 65A.010 to 65A.090 — Use of report by Department for Local G
§ 65.910 Required contents of uniform financial information report
§ 65.920 Effects of failure of local government to comply with certain specified statutory provisions
§ 65.925 Copies to be filed with Legislative Research Commission
§ 65.940 Definitions for KRS 65.942 to 65.956
§ 65.942 Terms and conditions of leases — Leasing for financing property purchases — Sinking fund — Time period for challenging validity of ordinance or resolution
§ 65.944 When approval by state local debt officer or chief state school officer is required — Technical and advisory assistance on leases
§ 65.946 Maximum term for leases
§ 65.948 Leased property exempt from state and local taxation
§ 65.950 Leases as a legal and authorized investment
§ 65.952 Title to property subject to the lease
§ 65.954 Construction of KRS 65.940 to 65.956
§ 65.956 Short title

Terms Used In Kentucky Statutes > Chapter 65 - General Provisions Applicable to Counties, Cities, and Other Local Units

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Afternoon: means the period of a day between noon and midnight. See Kentucky Statutes 355.4-104
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • any other state: includes any state, territory, outlying possession, the District of Columbia, and any foreign government or country. See Kentucky Statutes 446.010
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Arrest: Taking physical custody of a person by lawful authority.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney: means attorney-at-law. See Kentucky Statutes 446.010
  • Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
  • Bailee: means a person that by a warehouse receipt, bill of lading, or other document of title acknowledges possession of goods and contracts to deliver them. See Kentucky Statutes 355.7-102
  • Banking day: means the part of a day on which a bank is open to the public for carrying on substantially all of its banking functions. See Kentucky Statutes 355.4-104
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Bequest: Property gifted by will.
  • Business trust: includes , except when utilized in KRS Chapter 386, a "statutory trust" as organized under KRS Chapter 386A. See Kentucky Statutes 446.010
  • Carrier: means a person that issues a bill of lading. See Kentucky Statutes 355.7-102
  • Certified mail: means any method of governmental, commercial, or electronic delivery that allows a document or package to have proof of:
    (a) Sending the document or package. See Kentucky Statutes 446.010
  • City: includes town. See Kentucky Statutes 446.010
  • Clearing house: means an association of banks or other payors regularly clearing items. See Kentucky Statutes 355.4-104
  • Commercial unit: means such a unit of goods as by commercial usage is a single whole for purposes of lease and division of which materially impairs its character or value on the market or in use. See Kentucky Statutes 355.2A-103
  • Committee substitute: Short for committee amendment in the nature of a substitute.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Consignee: means a person named in a bill of lading to which or to whose order the bill promises delivery. See Kentucky Statutes 355.7-102
  • Consignor: means a person named in a bill of lading as the person from which the goods have been received for shipment. See Kentucky Statutes 355.7-102
  • Consumer lease: means a lease that a lessor regularly engaged in the business of leasing or selling makes to a lessee who is an individual and who takes under the lease primarily for a personal, family, or household purpose. See Kentucky Statutes 355.2A-103
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Customer: means a person having an account with a bank or for whom a bank has agreed to collect items including a bank that maintains an account at another bank. See Kentucky Statutes 355.4-104
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Dependent: A person dependent for support upon another.
  • Devise: To gift property by will.
  • Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Docket: A log containing brief entries of court proceedings.
  • Documentary draft: means a draft to be presented for acceptance or payment if specified documents, certificated securities (KRS §. See Kentucky Statutes 355.4-104
  • Donor: The person who makes a gift.
  • Draft: means a draft as defined in KRS §. See Kentucky Statutes 355.4-104
  • Drawee: means a person ordered in a draft to make payment. See Kentucky Statutes 355.4-104
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Ex officio: Literally, by virtue of one's office.
  • Executor: A male person named in a will to carry out the decedent
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fault: means wrongful act, omission, breach, or default. See Kentucky Statutes 355.2A-103
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Fiduciary: A trustee, executor, or administrator.
  • Finance lease: means a lease with respect to which:
    1. See Kentucky Statutes 355.2A-103
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Germane: On the subject of the pending bill or other business; a strict standard of relevance.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Goods: means all things that are movable at the time of identification to the lease contract, or are fixtures (KRS §. See Kentucky Statutes 355.2A-103
  • Goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Kentucky Statutes 355.7-102
  • Grantor: The person who establishes a trust and places property into it.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Installment lease contract: means a lease contract that authorizes or requires the delivery of goods in separate lots to be separately accepted, even though the lease contract contains a clause "each delivery is a separate lease" or its equivalent. See Kentucky Statutes 355.2A-103
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Issuer: means a bailee that issues a document of title or, in the case of an unaccepted delivery order, the person that orders the possessor of goods to deliver. See Kentucky Statutes 355.7-102
  • Item: means an instrument or a promise or order to pay money handled by a bank for collection or payment. See Kentucky Statutes 355.4-104
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lawsuit: A legal action started by a plaintiff against a defendant based on a complaint that the defendant failed to perform a legal duty, resulting in harm to the plaintiff.
  • Lease: means a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. See Kentucky Statutes 355.2A-103
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lease agreement: means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. See Kentucky Statutes 355.2A-103
  • Lease contract: means the total legal obligation that results from the lease agreement as affected by this article and any other applicable rules of law. See Kentucky Statutes 355.2A-103
  • Leasehold interest: means the interest of the lessor or the lessee under a lease contract. See Kentucky Statutes 355.2A-103
  • Lessee: means a person who acquires the right to possession and use of goods under a lease. See Kentucky Statutes 355.2A-103
  • Lessor: means a person who transfers the right to possession and use of goods under a lease. See Kentucky Statutes 355.2A-103
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Lien: means a charge against or interest in goods to secure payment of a debt or performance of an obligation, but the term does not include a security interest. See Kentucky Statutes 355.2A-103
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Lot: means a parcel or a single article that is the subject matter of a separate lease or delivery, whether or not it is sufficient to perform the lease contract. See Kentucky Statutes 355.2A-103
  • Merchant lessee: means a lessee that is a merchant with respect to goods of the kind subject to the lease. See Kentucky Statutes 355.2A-103
  • Month: means calendar month. See Kentucky Statutes 446.010
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Partnership: includes both general and limited partnerships. See Kentucky Statutes 446.010
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Present value: means the amount as of a date certain of one (1) or more sums payable in the future, discounted to the date certain. See Kentucky Statutes 355.2A-103
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • public funds: means sums actually received in cash or negotiable instruments from all sources unless otherwise described by any state agency, state- owned corporation, university, department, cabinet, fiduciary for the benefit of any form of state organization, authority, board, bureau, interstate compact, commission, committee, conference, council, office, or any other form of organization whether or not the money has ever been paid into the Treasury and whether or not the money is still in the Treasury if the money is controlled by any form of state organization, except for those funds the management of which is to be reported to the Legislative Research Commission pursuant to KRS §. See Kentucky Statutes 446.010
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Purchase: includes taking by sale, lease, mortgage, security interest, pledge, gift, or any other voluntary transaction creating an interest in goods. See Kentucky Statutes 355.2A-103
  • Quorum: The number of legislators that must be present to do business.
  • real estate: includes lands, tenements, and hereditaments and all rights thereto and interest therein, other than a chattel interest. See Kentucky Statutes 446.010
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Registered mail: means any governmental, commercial, or electronic method of delivery that allows a document or package to have:
    (a) Its chain of custody recorded in a register to enable its location to be tracked. See Kentucky Statutes 446.010
  • Regular election: means the election in even-numbered years at which members of Congress are elected and the election in odd-numbered years at which state officers are elected. See Kentucky Statutes 446.010
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Remand: When an appellate court sends a case back to a lower court for further proceedings.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Shipper: means a person that enters into a contract of transportation with a carrier. See Kentucky Statutes 355.7-102
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Sublease: means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease. See Kentucky Statutes 355.2A-103
  • Subpoena: A command to a witness to appear and give testimony.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Supplier: means a person from whom a lessor buys or leases goods to be leased under a finance lease. See Kentucky Statutes 355.2A-103
  • Supply contract: means a contract under which a lessor buys or leases goods to be leased. See Kentucky Statutes 355.2A-103
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Treatment: when used in a criminal justice context, means targeted interventions
    that focus on criminal risk factors in order to reduce the likelihood of criminal behavior. See Kentucky Statutes 446.010
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • User fees: Fees charged to users of goods or services provided by the government. In levying or authorizing these fees, the legislature determines whether the revenue should go into the treasury or should be available to the agency providing the goods or services.
  • Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.
  • Venue: The geographical location in which a case is tried.
  • Violate: includes failure to comply with. See Kentucky Statutes 446.010
  • Warehouse: means a person engaged in the business of storing goods for hire. See Kentucky Statutes 355.7-102
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.