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Funds due to unknown or missing pore space owners

KRS 353.451
in effect
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353.451. Funds due to unknown or missing pore space owners (1) The sequestration operator shall deposit the funds due to unknown or missing pore space owners in an interest-bearing trust account. (2) If the unknown or missing pore space owners remain unknown or missing for a period of seven (7) years from the date of first injection into the sequestration reservoir, the sequestration operator shall pay the funds held in trust to the surface owners of the tract overlying the pore space owned by the unknown or missing pore space owners. (3) If a surface owner remains missing or unknown for a period of seven (7) years from the date of first injection into the sequestration reservoir, the sequestration operator shall deposit the funds held in trust to the carbon dioxide sequestration facility trust fund established in KRS 353.441. Effective: July 15, 2026 History: Created 2026 Ky. Acts ch. 152, sec. 21, effective July 15, 2026.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57878Fetched: 10/20/2026

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