45A.275 Judgments against Commonwealth up to $500,000 deemed necessary governmental expense. - Kentucky Statutes

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45A.275 Judgments against Commonwealth up to $500,000 deemed necessary governmental expense. The first five hundred thousand dollars ($500,000) of any Kentucky court judgment
against the Commonwealth awarding damages on a contract claim under the provisions of
KRS 45A.240 to 45A.270 shall be a necessary governmental expense and payment shall
be approved by the Finance and Administration Cabinet and paid by the State Treasurer.
Appropriations for these judgments shall be continued appropriations. Effective: January 1, 1979
History: Amended and reenacted as KRS 45A.275, 1978 Ky. Acts ch. 110, sec. 55, effective January 1, 1979. -- Created 1974 Ky. Acts ch. 181, sec. 7. Formerly codified as KRS 44.340.