American Express Travel Related Services Co. v. Kentucky

OPINION

CORNELIA G. KENNEDY, Circuit Judge.

Defendant-Appellant Todd Hollenbaeh, the Treasurer of Kentucky, appeals the district court’s order declaring unconstitutional an amendment to section 393.060 of the Kentucky Revised Statutes. The amendment shortens the period after which state law imposes a presumption of abandonment on traveler’s checks, thereby accelerating the date at which the issuer of an unclaimed traveler’s check must remit the outstanding funds to the state. The district court determined that the amendment violated the Fourteenth Amendment Due Process Clause because it lacked…