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)