208.020. Eligibility not affected by involuntary conversion of real into personal property for year--receipt defined.

Eligibility not affected by involuntary conversion of real intopersonal property for year--receipt defined.

208.020. 1. Any proceeds from involuntary conversion ofreal property into personal property (such as forced transferunder condemnation, eminent domain, and fire, flood or other actof God) received by a recipient while eligible to receive publicassistance benefits under existing laws shall be considered realproperty and excluded from resources for a period of one yearfrom the time of their receipt.

2. For the purposes of this section the word "receipt" meansactual receipt of the proceeds or the payment into court of theproceeds, except that in condemnation cases when the initialexception to the commissioner's award is filed by the condemningauthority, the word "receipt" means receipt of an award under afinal judgment.

(L. 1949 p. 599 § 1, A.L. 1955 p. 688, A.L. 1965 p. 354, A.L. 1982 H.B. 1462)

Effective 2-16-82