Kentucky Statutes 360.050 – Presumption as to interest on foreign debt or judgment
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Any indebtedness incurred or judgment rendered out of this state is presumed to bear interest in accordance with the provisions of KRS § 360.040.
Effective: July 15, 1982
History: Amended 1982 Ky. Acts ch. 7, sec. 3, effective July 15, 1982. — Recodified
1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2221.
Effective: July 15, 1982
Terms Used In Kentucky Statutes 360.050
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
History: Amended 1982 Ky. Acts ch. 7, sec. 3, effective July 15, 1982. — Recodified
1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2221.