There is a newer version of this Section
2022
2021
2020
2019 (you are here)
2018
Other previous versions
View our newest version here

2019 Kentucky Revised Statutes
Chapter 412 - Suretyship, joint obligations, and contribution
412.010 Survival of liability of joint obligor -- Right of contribution.

Universal Citation: KY Rev Stat § 412.010 (2019)
Next

Download as PDF
412.010 Survival of liability of joint obligor -- Right of contribution. (1) (2) If any person jointly bound with another in any contract, or by judgment, dies in the lifetime of the other obligor, his heir, devisee, or representative may be charged in the same manner as if the contract or judgment had been separate as against the decedent. The same rights and responsibilities shall continue in favor of, and against, the representatives of a person entitled to or bound to make contribution who dies as if he were living when contribution is demanded. The same principle shall apply when more than one (1) dies. Effective: October 1, 1942 History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 476, 487.
Next
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.