Kentucky Statutes 394.510 – Obligee has lien on devise charged with obligation
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When any property is devised subject to or upon the payment by the devisee to another of a sum of money or his doing some other thing, the latter shall have a lien on the legacy for the sum to be paid, or for the value of the thing to be done.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 2066.
Effective: October 1, 1942
Terms Used In Kentucky Statutes 394.510
- Legacy: A gift of property made by will.
- Lien: A claim against real or personal property in satisfaction of a debt.
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 2066.