11RS HB354
LRC Seal

HB354

11RS

WWW Version

The hyperlink to a bill draft that precedes a summary contains the most recent version (Introduced/GA/Enacted) of the bill. If the session has ended, the hyperlink contains the latest version of the bill at the time of sine die adjournment. Note that the summary pertains to the bill as introduced, which is often different from the most recent version.


HB 354 (BR 883) - A. Simpson, K. Bratcher

     AN ACT relating to foreclosure actions.
     Amend KRS 413.140 and 413.090 to reduce the statute of limitations for filing an action for a deficiency judgment after a foreclosure sale of real estate from 15 years to one year from the date of sale; amend KRS 426.520 to require the plaintiff in a foreclosure action to serve notice to the defendant of a deficiency within one year of the initial filing of the foreclosure if the property sells for two-thirds of the appraisal.

     Feb 7-introduced in House
     Feb 8-to Banking & Insurance (H)
     Feb 18-posted in committee


Legislature Home Page | Record Front Page