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

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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 <br>upon the State Treasurer. The Finance and Administration Cabinet shall not certify <br>any claim to the State Treasurer until it is satisfied that there is in the appropriation <br>to the budget unit against which the claim is chargeable, a sufficient amount to pay <br>the claim. The Finance and Administration Cabinet may rely on the preaudit <br>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 <br>compromise of any disputed claim by or against their respective branches of <br>government. In the event of a claim against the Commonwealth which cannot be <br>ascribed to a particular branch of government or budget unit thereof, with the <br>approval of the Attorney General, it may be compromised by agreement among <br>them. Effective: July 1, 1983 <br>History: Created 1982 Ky. Acts ch. 450, sec. 44, effective July 1, 1983.