There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 412 SURETYSHIP, JOINT OBLIGATIONS, AND CONTRIBUTION
412.110 Person jointly liable may require suit or execution issued -- Notice.
Download pdfby 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
(30) days consecutively, upon his agent or his attorney, require him to sue or issue
execution. If the creditor does not in good faith prosecute the suit with reasonable
diligence, or if the plaintiff does not, within ten (10) days after judgment, sue out
execution and in good faith prosecute the collection, the cosurety, co-obligor,
cocontractor, or defendant shall be discharged from all liability, except for his proper
share according to the then existing condition of the several obligors, contractors, or
defendants. In any joint suit against the whole, or separate suit against him, judgment
shall be rendered against him separately, and only for such proper share. The written
notice required in this section shall not be waived, unless the waiver is in writing. No
waiver of the notice shall be pleaded as a defense or given in evidence, unless it is in
writing. Effective: January 2, 1978
History: Amended 1976 (1st Extra. Sess.) Ky. Acts ch. 14, sec. 415, effective January 2, 1978. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from
Ky. Stat. sec. 4668.
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