Kentucky Statutes 376.180 – Lien attaches when business is transferred, suspended or attached — Enforcement
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When any company or establishment referred to in KRS § 376.150 suspends, sells or transfers its business, or when the property or effects engaged in the business are taken in attachment or execution so that the business is stopped or suspended, a lien shall attach as provided in KRS § 376.150 and may be enforced by proceedings in equity.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 2490.
Effective: October 1, 1942
Terms Used In Kentucky Statutes 376.180
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
- 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. 2490.