56.040 Finance and Administration Cabinet or Transportation Cabinet to provide for title examination and certification of land or interest in land paid for out of state funds. - Kentucky Statutes

Download pdf

Loading PDF...

56.040 Finance and Administration Cabinet or Transportation Cabinet to provide for title examination and certification of land or interest in land paid for out of
state funds. When any land or interest in land is to be paid for out of state funds, the Finance and
Administration Cabinet (Transportation Cabinet for requirements of that cabinet) shall
take action to provide for the examination and certification of the title to the affected
land, with or without exceptions, by an attorney licensed to practice law in this state, or
for the insurance of the title to such land by a land title insurance company authorized to
do business in this state. A survey and plat of the land showing the corners, angles, and
calls of the land shall be made by a competent land surveyor prior to the date of the deed
conveying the land or any interest therein to the state. The costs incurred under this
section shall be charged against the funds of the agency for whose use and benefit the
land is acquired. Effective: July 15, 1982
History: Amended 1982 Ky. Acts ch. 240, sec. 5, effective July 15, 1982. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 2337a-
3, 2337a-6.