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2019 Kentucky Revised Statutes
Chapter 371 - Formality and assignability of contracts -- installment sales contracts
371.050 Assignee to aver consideration -- Amount recoverable.

Universal Citation: KY Rev Stat § 371.050 (2019)
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371.050 Assignee to aver consideration -- Amount recoverable. In an action on any assignment of a writing, the consideration for the assignment shall be averred. The plaintiff shall recover no more than the consideration actually paid by him for the note or assignment. Effective: October 1, 1942 History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 475.
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