Statutes, codes, and regulations
Kentucky Revised Statutes
Title 30 - CONTRACTSChapter 371 - FORMALITY AND ASSIGNABILITY OF CONTRACTS - INSTALLMENT SALES CONTRACTS
GENERAL PROVISIONS
Section 371.050 - Assignee to aver consideration - Amount recoverable

Ky. Rev. Stat. § 371.050

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Current through Acts Received April 24, 2024
Section 371.050 - Assignee to aver consideration - Amount recoverable

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.

KRS 371.050

Effective:10/1/1942 Recodified 1942 Ky. Acts ch. 208, sec. 1, effective10/1/1942, from Ky. Stat. sec. 475.