Kentucky HB 369: AN ACT relating to contracts. Amend KRS 360.010 to specify when parties are bound to interest rate in contract and the interest rate parties are entitled to receive after default; create a new section of KRS Chapter 371 to specify that an obligation to pay or satisfy a debt is not extinguished by any action taken by a creditor for the purposes of the creditor's own financial, tax, or accounting records or affairs.

Status: Signed by Governor (Acts, ch. 140) (as of 2018-04-10)

State: Kentucky · Session: 2018RS · Bill: HB 369

Sponsors: B. Rowland, J. Greer

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