45.121 Examination of claims -- Preaudit by budget unit -- Compromise of claims. - Kentucky Statutes

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45.121 Examination of claims -- Preaudit by budget unit -- Compromise of claims. (1) The Finance and Administration Cabinet shall examine all authorizations for payment presented, and if it finds them correct shall file them and issue warrants
upon the State Treasurer. The Finance and Administration Cabinet shall not certify
any claim to the State Treasurer until it is satisfied that there is in the appropriation
to the budget unit against which the claim is chargeable, a sufficient amount to pay
the claim. The Finance and Administration Cabinet may rely on the preaudit
performed by a budget unit as a basis for issuing a warrant. (2) The Finance and Administration Cabinet, the Chief Justice, and the Legislative Research Commission with the approval of the Attorney General, may authorize the
compromise of any disputed claim by or against their respective branches of
government. In the event of a claim against the Commonwealth which cannot be
ascribed to a particular branch of government or budget unit thereof, with the
approval of the Attorney General, it may be compromised by agreement among
them. Effective: July 1, 1983
History: Created 1982 Ky. Acts ch. 450, sec. 44, effective July 1, 1983.