Kentucky Statutes 371.050 – Assignee to aver consideration — Amount recoverable
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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.
Effective: October 1, 1942
Terms Used In Kentucky Statutes 371.050
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
- Plaintiff: The person who files the complaint in a civil lawsuit.
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 475.