There is a newer version of the Kentucky Revised Statutes
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2009 Kentucky Revised Statutes
CHAPTER 379 VOLUNTARY ASSIGNMENTS
379.070 Preferential or fraudulent transfer or purchase prior to deed of assignment -- Effect -- Action by assignee or creditor.

Download pdf


379.070 Preferential or fraudulent transfer or purchase prior to deed of assignment -- Effect -- Action by assignee or creditor. If the assignor has, before making the deed of assignment, made a preferential or <br>fraudulent transfer, conveyance or gift of any of his property or a fraudulent purchase of <br>any property in the name of another, the property fraudulently transferred, conveyed, <br>given or purchased shall vest in the assignee. The assignee shall institute the proceedings <br>necessary to recover the property so disposed of, using any remedy which a creditor might <br>exercise. If the assignee upon demand refuses to institute such proceedings, any creditor <br>may do so, and the property recovered shall become a part of the estate and be distributed <br>as other assets. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 84.

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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.