The commissioner may adopt rules to provide effective administration of this subtitle which are consistent with the purposes of this subtitle and fair and equitable to all persons whose interests may be affected.
Effective: July 15, 2010

Terms Used In Kentucky Statutes 304.39-300

  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts

History: Amended 2010 Ky. Acts ch. 24, sec. 1532, effective July 15, 2010. — Created
1974 Ky. Acts ch. 385, sec. 30, effective July 1, 1975.