2016 Kentucky Revised Statutes CHAPTER 389A - FIDUCIAL AND JUDICIAL SALES OF REAL ESTATE .010 Jurisdiction of District Court -- Adversary proceedings to be in Circuit Court.
Download as PDF
389A.010 Jurisdiction of District Court -- Adversary proceedings to be in Circuit
Court.
(1)
(2)
(3)
(4)
(5)
Notwithstanding any other statutory limitation of the jurisdiction of the District
Court:
(a) Any trustee, guardian, conservator, or personal representative (hereinafter
"fiduciary"), not otherwise possessing a power of sale, may move the District
Court of the county in which the fiduciary has qualified for an order granting
the fiduciary the power to sell or mortgage any real estate or any interest
therein possessed by his ward, decedent, or trust; and
(b) The District Court may enter an order granting the fiduciary the power to sell
or mortgage any real estate or any interest therein possessed by the ward,
decedent or trust.
The motion shall include an adequate description of the property, a summary of the
grounds for the motion, and a request that the bond of the fiduciary be increased in
an adequate amount in accordance with KRS 395.130.
Unless waived in writing, written notice of the hearing with a copy of the motion
shall be served in a manner authorized by the Rules of Civil Procedure for the
initiation of a civil action upon all persons who have a vested or contingent interest
in the property interest sought to be sold. Where the property interest sought to be
sold belongs to a person under legal disability, service of notice and defense shall be
governed by Civil Rules 4.04(3) and 17.03.
(a) In the case where the subject of the action is the property interest of a person
under legal disability, unless waived in writing, written notice by certified
mail, return receipt requested shall be given to all known adult next of kin of:
1.
The nature and pendency of the action; and
2.
Not less than thirty (30) days' notice of the time, date, and location of the
hearing on the motion. At or before the hearing, the fiduciary or his
attorney shall file an affidavit on personal knowledge showing
compliance with this paragraph and attaching a copy of the notice given
and the original of all receipts returned.
(b) All such persons shall have standing to present evidence and to be heard at the
hearing.
An aggrieved party may no later than thirty (30) days from the date of the order,
institute an adversary proceeding in Circuit Court pursuant to KRS 24A.120(2) in
respect to any order affecting the right of the fiduciary to sell or mortgage. Pending
the entry of a final order and expiration of the time for an appeal therefrom, neither
the fiduciary nor the owner of any vested interest shall make any conveyance or
mortgage of the real estate and any attempt to do so shall be null and void.
No proceedings under this section shall be conducted by or before a commissioner
of the District Court.
Effective: September 1, 1998
History: Amended 1998 Ky. Acts ch. 517, sec. 9, effective September 1, 1998. -Amended 1988 Ky. Acts ch. 90, sec. 1, effective July 15, 1988. -- Amended 1984
Ky. Acts ch. 111, sec. 157, effective July 13, 1984. -- Amended 1982 Ky. Acts ch.
141, sec. 145, effective July 1, 1982; and ch. 277, sec. 4, effective July 15, 1982. -Created 1980 Ky. Acts ch. 87, sec. 2, effective July 15, 1980.
Legislative Research Commission Note (6/24/2003). Under the authority of KRS
7.136, the Reviser of Statutes has changed a reference in subsection (4) of this
section from "KRS 24A.120(1)(b)" to "KRS 24A.120(2)."
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.