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Rule 67.01.In an action.

Current through June 18, 2026 · Last verified July 9, 2026

In one sentenceKentucky lets a party deposit disputed money or other deliverable property with the court, with notice to every other party and the court's permission, and requires the deposit to earn interest that goes to whoever ultimately receives the principal.

Full Text of Rule 67.01

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In an action in which any part of the relief sought is a judgment for a sum of money or the disposition of a sum of money or the disposition of any other thing capable of delivery, a party, upon notice to every other party, and by leave of court, may deposit with the court all or any part of such sum or thing. Money paid into court under this rule shall be deposited in an interest-bearing account or invested in an interest-bearing instrument approved by the court. At the conclusion of the action, the interest accruing on any such account or instrument shall be paid to the person to whom the principal amount of the account is paid.

Amendment History

(Amended June 30, 1986, effective January 1, 1987; amended August 6, 1990, effective September 15, 1990.)

Plain-English Summary

Sometimes a party holding money or property that is part of what a lawsuit is fighting over would rather hand it to the court than keep holding it while the case drags on. This rule lets that happen when part of the relief sought in the action is a judgment for a sum of money, or the disposition of money or some other thing capable of being delivered. The party wanting to deposit it must give notice to every other party and get the court's permission first -- it is not automatic.

Once money goes into the court's hands under this rule, it does not sit idle. It must go into an interest-bearing account or an interest-bearing instrument the court approves. When the case ends, the interest that has built up goes to whoever ends up receiving the principal amount.

Frequently Asked Questions

Can I pay disputed money into court instead of holding onto it myself in Kentucky?

Yes, if part of the relief sought in the action is a judgment for a sum of money, or the disposition of money or other deliverable property. A party can deposit it with the court after giving notice to every other party and getting the court's leave.

Do I need the court's permission to deposit money under this rule?

Yes. Depositing money or property with the court requires notice to every other party in the action and leave of court -- a party cannot deposit funds without that permission.

Does money deposited with the court earn interest?

Yes. Money paid into court under this rule must be placed in an interest-bearing account or invested in an interest-bearing instrument the court approves. When the case concludes, the interest goes to whoever receives the principal.

Source & verification. The rule text is reproduced verbatim from the official Kentucky Rules of Civil Procedure (Ky. R. Civ. P. 67.01). Prescribed by the Supreme Court of Kentucky (Ky. Const. § 116). The plain-English summary is original and written by us. Last verified July 9, 2026. · Official source
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