§ 371.010 Statute of frauds — Contracts to be written
§ 371.020 Seal not necessary on any writing — Exceptions
§ 371.030 Consideration of writing may be impeached
§ 371.040 Bonds, bills and notes assignable — Effect of assignment
§ 371.050 Assignee to aver consideration — Amount recoverable
§ 371.060 Written obligation, when enforceable by representative or survivor of deceased
§ 371.065 Requirements for valid, enforceable guaranty
§ 371.070 Effect of promissory note made payable to obligor
§ 371.080 Person signing back of note considered assignor
§ 371.090 Agent’s authority to bind another as surety to be in writing
§ 371.100 Contract for sale of standing timber to be written
§ 371.110 Pledge or transfer of future wages — What instrument shall state
§ 371.120 Assent of employer required for pledge or transfer of wages
§ 371.130 Copy to be delivered to wage earner — Endorsement of payments made — Effect of violation or fraud
§ 371.140 Instrument to be definite and to bear execution date
§ 371.150 Exemptions
§ 371.160 Deposit in escrow of amount held back by owner in contract involving improvement of real estate
§ 371.170 Contracts for the payment of manufacturers’ excise taxes
§ 371.180 Construction services contracts
§ 371.190 Obligation of debtor not extinguished or affected by internal actions of creditor
§ 371.210 Definitions for KRS 371.210 to 371.330
§ 371.220 Requisites of retail installment contract
§ 371.230 Contracts composed of more than one document
§ 371.240 Contracts made by mail
§ 371.250 Contract not to be signed in blank — Acknowledgment of delivery of copy
§ 371.260 Time price differential — Prepayment
§ 371.270 Charge for installment defaults — Refinancing options
§ 371.280 Written statement of payments and amount unpaid
§ 371.290 Consolidation of subsequent purchases with existing contract — Memorandum — Allocation of payments
§ 371.300 Requisites of retail charge agreement
§ 371.310 Assignment of contracts and agreements
§ 371.320 Prior acts and agreements of retail buyer do not waive requirements of KRS 371.210 to 371.330
§ 371.325 Operation of waiver of defense clause as to defense acquired in third party materialmen’s lien
§ 371.330 KRS 371.210 to 371.330 do not affect validity of pre-1963 contracts
§ 371.370 Definitions for KRS 371.375 to 371.385
§ 371.375 Termination of contract — Civil action — Liability of principal or sales representative
§ 371.380 Personal jurisdiction over nonresident principal
§ 371.385 Waiver provisions to be void
§ 371.400 Definitions for KRS 371.400 to 371.425
§ 371.405 Conditions governing enforceability of construction contracts — Payment of amounts due
§ 371.410 Retainage that may be withheld — Release of retainage — Substantial completion
§ 371.415 Award of costs and attorney’s fees in action to enforce KRS 371.400 to 371.425
§ 371.420 Short title for KRS 371.400 to 371.425 — Filing of mechanic’s lien by contractor
§ 371.425 Application of KRS 371.400 to 371.425
§ 371.990 Penalties
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Terms Used In Kentucky Statutes > Chapter 371 - Formality and Assignability of Contracts -- Installment Sales Contracts

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Attorney: means attorney-at-law. See Kentucky Statutes 446.010
  • Certified mail: means any method of governmental, commercial, or electronic delivery that allows a document or package to have proof of:
    (a) Sending the document or package. See Kentucky Statutes 446.010
  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Federal: refers to the United States. See Kentucky Statutes 446.010
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Month: means calendar month. See Kentucky Statutes 446.010
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Partnership: includes both general and limited partnerships. See Kentucky Statutes 446.010
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • real estate: includes lands, tenements, and hereditaments and all rights thereto and interest therein, other than a chattel interest. See Kentucky Statutes 446.010
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.
  • Venue: The geographical location in which a case is tried.
  • Violate: includes failure to comply with. See Kentucky Statutes 446.010
  • Year: means calendar year. See Kentucky Statutes 446.010