Kentucky Statutes 371.420 – Short title for KRS 371.400 to 371.425 — Filing of mechanic’s lien by contractor
Current as of: 2024 | Check for updates
|
Other versions
(1) KRS § 371.400 to KRS § 371.425 shall be known and may be cited as the Kentucky Fairness in Construction Act.
(2) Notwithstanding any provision of the Kentucky Revised Statutes to the contrary, after a judgment for the contractor against a contracting entity is entered by a court of competent jurisdiction, a contractor has sixty (60) days to file a mechanic’s lien as provided in KRS Chapter 376. The filing of this lien shall not preclude the contractor from seeking additional relief. This subsection shall not apply to public construction contracts with lien rights governed under KRS § 376.250.
Effective: June 26, 2007
History: Created 2007 Ky. Acts ch. 136, sec. 5, effective June 26, 2007.
(2) Notwithstanding any provision of the Kentucky Revised Statutes to the contrary, after a judgment for the contractor against a contracting entity is entered by a court of competent jurisdiction, a contractor has sixty (60) days to file a mechanic’s lien as provided in KRS Chapter 376. The filing of this lien shall not preclude the contractor from seeking additional relief. This subsection shall not apply to public construction contracts with lien rights governed under KRS § 376.250.
Terms Used In Kentucky Statutes 371.420
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lien: A claim against real or personal property in satisfaction of a debt.
Effective: June 26, 2007
History: Created 2007 Ky. Acts ch. 136, sec. 5, effective June 26, 2007.