A surety for an executor, administrator, guardian or curator, or for a sheriff to whom a decedent‘s estate has been transferred, shall be discharged from all liability to a distributee, devisee or ward when five (5) years have elapsed without suit after the cause of action accrued, and after the devisee, distributee or ward attained full age. But the failure of one to commence action in time shall not affect the right of another.
Effective: July 15, 1980

Terms Used In Kentucky Statutes 413.230

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Decedent: A deceased person.
  • Executor: A male person named in a will to carry out the decedent
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.

History: Amended 1980 Ky. Acts ch. 259, sec. 28, effective July 15, 1980. — Amended
1974 Ky. Acts ch. 299, sec. 7. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective
October 1, 1942, from Ky. Stat. sec. 2550.