Ky. Rev. Stat. § 186.120

Current through 2024 Ky. Acts ch.225
Section 186.120 - Refund of portion of fee when motor vehicle destroyed
(1) If any motor vehicle other than a commercial vehicle upon which the license tax has been paid is destroyed by fire or accident, so that the vehicle is rendered entirely useless the owner shall be entitled to have refunded to him a part of the license fee paid by him proportionate to the registration period for which the license was granted.
(2) If any commercial vehicle upon which the license tax has been paid is destroyed by fire or accident so that the vehicle is rendered entirely useless the owner is entitled to have refunded to him that portion of the tax which he had theretofore paid allocable to the remaining complete quarters of the unexpired period for which the tax was paid.
(3) To obtain the refund, the owner whose motor vehicle has been destroyed shall apply to the Transportation Cabinet, submitting his affidavit and the affidavits of two (2) reputable persons, attesting to the fact that the vehicle has been destroyed, and the manner of destruction, and shall return the original license plates to the Transportation Cabinet. The Transportation Cabinet shall examine all applications and investigate the claims for refund, and if a claim is found to be correct, it shall approve it for payment, whereupon the Finance and Administration Cabinet shall draw a warrant upon the State Treasurer in favor of the owner of the destroyed vehicle, and charge the amount of it to the state road fund.

KRS 186.120

Effective:6/19/1976
Amended 1976 Ky. Acts ch. 133, sec. 7, effective6/19/1976. -- Amended 1974 Ky. Acts ch. 74, Art. II, sec. 9(1); and ch. 74, Art. IV, sec. 20(9). -- Amended 1966 Ky. Acts ch. 139, sec. 9, effective 1/1/1967. -- Amended 1962 Ky. Acts ch. 62, sec. 7, effective 1/1/1963. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 2739g-2e, 2739g-2f.