4 chapters · 170 sections in this title.
KRS § 412.010 Survival of liability of joint obligor -- Right of contribution
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(1) If any person jointly bound with another in any contract, or by judgment, dies in the lifetime of the other obligor, his heir, devisee, or representative may be charged in the same manner as if the contract or judgment had been separate as against the decedent. (2) The same r…
KRS § 412.020 Extent of recovery in contribution is the same at law as in equity
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The extent of recovery, in cases of contribution, shall be the same in a court of law that it is in a court of equity.
KRS § 412.030 Contribution among negligent wrongdoers
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Contribution among wrongdoers may be enforced where the wrong is a mere act of negligence and involves no moral turpitude.
KRS § 412.040 Effect of insolvency or nonresidence on right of contribution
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The insolvency or nonresidence of any person liable to contribution shall affect the rights of the others in like manner as the insolvency of one (1) obligor affects the others.
KRS § 412.050 Contribution among persons in trust or official capacity
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Contribution shall take place between all persons jointly liable, by civil action, for any act or omission in a trust or official capacity.
KRS § 412.060 Interest
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In all cases of contribution, interest shall be allowed from the time the right accrues.
KRS § 412.070 Compensation of party pressing claims in common interest for others -- Notice to interested persons
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Notice to interested persons. (1) In actions for the settlement of estates, or for the recovery of money or property held in joint tenancy, coparcenary, or as tenants in common, or for the recovery of money or property which has been illegally or improperly collected, withheld or…
KRS § 412.080 Action by surety who pays, against principal -- Against cosurety
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If a surety pays any part of a debt or liability for which he is bound as surety, he may recover the amount, with interest from time of payment, from the principal by action at law or by motion, after ten (10) days' notice in writing. He may also sue a cosurety, separately or as …
KRS § 412.090 Assignment of right of action to surety paying judgment
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If the surety pays any part of a judgment he shall have a right to an assignment of the judgment from the plaintiff or the plaintiff's attorney, in whole or in part. When the plaintiff has been fully satisfied, the assignment shall give the surety the right to sue out or use any …
KRS § 412.100 Rights of co-obligors and cocontractors
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Co-obligors and cocontractors shall, as between each other, have the full benefit of KRS 412.080 and 412.090 as if they were cosureties.
KRS § 412.110 Person jointly liable may require suit or execution issued -- Notice
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A surety, co-obligor, or cocontractor, or one (1) of several defendants to a judgment may, by notice in writing served in person within the state on the creditor or plaintiff, or, if the plaintiff is a nonresident or absent from the place of his residence for the period of thirty…
KRS § 412.120 Release of surety on bond for delay in execution
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If the plaintiff in any bond having the force of a judgment fails, at any time for the space of a year during which he is entitled to have execution, to issue execution and in good faith prosecute the collection, the surety in the bond shall be released from all liability. Any ex…
KRS § 412.130 Release of surety on lost or destroyed judgment or bond
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No surety shall be released from his obligation on any lost or destroyed judgment, or bond having the force of a judgment, because of any failure to sue out execution thereon for twelve months, unless the failure was for twelve months after the reentry of judgment or order of exe…
KRS § 412.140 Action by surety against principal or cosurety after maturity of debt
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After the maturity of a debt or liability, an equitable action may be brought by a surety against his principal to compel payment of it, or by one who is jointly liable therefor with another to compel him to pay so much of it as he may be equitably liable for as between him and t…
KRS § 412.150 Creditor to be made defendant -- Provisional remedies allowed
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(1) The creditor must be made defendant to an action brought pursuant to KRS 412.140, but shall not be liable for costs. (2) The provisions of KRS 425.301 to 425.316 and KRS 425.501 to 425.526 shall apply to such action.
KRS § 412.160 Proceedings against surety after bankruptcy of principal
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In an action for the recovery of money in which the defendant may have given bond with sureties, or for whom sureties may have given bond, pursuant to the provisions of subsection (1) of KRS 425.116; or in which an appellant may have given bond with sureties, or for whom sureties…