Senate Bill 132

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Last Action to Judiciary (S)
Title AN ACT relating to debtor-creditor relations.
Bill Documents Bill
Bill Request Number 1190
Sponsors J. Carroll, R. Thomas
Summary of Original Version Create a new section of KRS Chapter 413 to establish a 6 year period of limitation in which an action may be brought against a consumer defaulting on a revolving credit plan and make a limited exception thereto; amend KRS 427.010, 427.030, 427.040, and 427.060 to increase the exemption value of specific property subject to execution or attachment.
Index Headings of Original Version Financial Responsibility - Revolving credit plans, limitation of action, exemptions
Loans and Credit - Revolving credit plans, limitation of action, exemptions
Banks and Financial Institutions - Revolving credit plans, limitation of action, exemptions
Civil Actions - Period of limitation, revolving credit plans, exemptions
Civil Procedure - Period of limitation, revolving credit plans, exemptions
Consumer Affairs - Revolving credit plans, limitation of action, exemptions

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02/10/14
  • introduced in Senate
02/12/14
  • to Judiciary (S)


Last updated: 1/16/2019 3:18 PM (EST)