There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 367 CONSUMER PROTECTION
367.387 Remedies for borrower -- Time limitation.
Download pdfor agents, and against the surety bond, or trust account, if any, of the loan broker.
The action shall be brought in the county in which the solicitation was made, and
recovery shall not exceed an amount equal to three (3) times his actual damages.
The court may award to the prevailing party, in addition to the relief provided in this
section, reasonable attorney's fees and costs. (2) A permanent injunction, judgment, or order of the court obtained by the Attorney General pursuant to KRS 367.385 shall be prima facie evidence in an action brought
under this section that the defendant used or employed a method, act, or practice
declared unlawful by KRS 367.381. (3) A person bringing an action under this section shall bring the action within one (1) year after any action brought by the Attorney General has been terminated, or two
(2) years after the violation occurred, whichever is later. Effective: July 14, 1992
History: Created 1992 Ky. Acts ch. 301, sec. 5, July 14, 1992.
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