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2 chapters · 62 sections in this title.
KRS § 371.010 Statute of frauds -- Contracts to be written
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No action shall be brought to charge any person: (1) For any representation or assurance concerning the character, conduct, credit, ability, trade, or dealings of another, made with intent that such other may obtain thereby credit, money, or goods; (2) Upon any promise to pay a d…
KRS § 371.020 Seal not necessary on any writing -- Exceptions
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A seal or scroll is not necessary in order to give effect to any writing. All unsealed writings shall stand upon the same footing with sealed writings, shall have the same effect, and the same actions may be brought thereon. This section does not apply to any law requiring the st…
KRS § 371.030 Consideration of writing may be impeached
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The consideration of any writing, with or without seal, may be impeached or denied by pleading.
KRS § 371.040 Bonds, bills and notes assignable -- Effect of assignment
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All bonds, bills or notes for money or property are assignable so as to vest the right of action in the assignee; but, except in the case of negotiable instruments, the assignment shall not impair the right to any defense, discount or set-off that the defendant has and might have…