| Last Action | to Banking & Insurance (H) | 
|---|---|
| Title | AN ACT relating to limitation of actions. | 
| Bill Documents | Bill | 
| Bill Request Number | 459 | 
| Sponsors | K. Bratcher, A. Simpson | 
| Summary of Original Version | Create a new section of KRS Chapter 426 to provide that actions to recover deficiency judgments resulting from foreclosure proceedings must be brought within 2 years of the foreclosure sale and establish procedure for determining fair market value of property; amend KRS 413.120 to include actions to recover monetary obligations arising from consumer loans, excluding loans secured by real property and loans for educational expenses; amend KRS 413.090 to conform. | 
| Index Headings of Original Version | Contracts - Debtors, actions against, time for bringing monetary claims Financial Responsibility - Debtors, actions against, time for bringing Liens - Foreclosure and deficiency judgments, time for bringing action Loans and Credit - Debtors, actions against, time for bringing monetary claims Real Estate - Foreclosure and deficiency judgments, time for bringing action Banks and Financial Institutions - Foreclosure and deficiency judgments, time for bringing action Civil Actions - Foreclosure and deficiency judgments, time for bringing action Civil Procedure - Foreclosure and deficiency judgments, time for bringing action Consumer Affairs - Debtors, actions against, time for bringing | 
| 12/16/11 | 
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| 01/03/12 | 
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Last updated: 8/27/2019 8:05 PM (EDT)