06RS HB320

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HB 320 (BR 40) - B. Farmer, W. Hall

AN ACT relating to preferential transfers.
Amend KRS 378.070 to provide that actions on preferential transfers of property be brought within 90 days of the transfer instead of within six months.

HB 320 - AMENDMENTS

HCS - Amend to extend recovery period to one year where transaction is between insiders, parallel to federal bankruptcy code.

HCA (1, B. Farmer) - Amend to extend the 90-day limitation period to one year when the transaction is between the debtor and an insider.

     Jan 11-introduced in House
     Jan 12-to Judiciary (H)
     Jan 26-posted in committee
     Feb 8-reported favorably, 1st reading, to Calendar with Committee Substitute, committee amendment (1)
     Feb 9-2nd reading, to Rules
     Feb 14-recommitted to Banking and Insurance (H); posted in committee
     Feb 22-reported favorably, to Rules
     Feb 28-posted for passage in the Regular Orders of the Day for Wednesday, March 1, 2006
     Mar 13-3rd reading, passed 97-0 with Committee Substitute
     Mar 14-received in Senate
     Mar 16-to Judiciary (S)

Vote History

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