Last Action | to Banking & Insurance (H) |
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Title | AN ACT relating to limitation of actions. |
Bill Documents |
Bill
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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)