Kentucky Statutes 367.470 – Legislative findings
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(1) The provisions of KRS § 367.472 to KRS § 367.486 shall apply to recreation and retirement use land sales.
(2) The General Assembly finds and declares that the sale and offering for sale of recreation and retirement use land, the sale of which is often premised upon future completion of improvements by the subdivider, affects a great number of the citizens of this state and that regulation of such promised improvements in recreation and retirement use land is essential.
Effective: July 15, 1988
History: Amended 1988 Ky. Acts ch. 194, sec. 7, effective July 15, 1988. — Created
1978 Ky. Acts ch. 316, sec. 1, effective June 17, 1978.
Legislative Research Commission Note (1988). A technical correction has been made in this section by the Reviser of Statutes pursuant to KRS § 7.136.
(2) The General Assembly finds and declares that the sale and offering for sale of recreation and retirement use land, the sale of which is often premised upon future completion of improvements by the subdivider, affects a great number of the citizens of this state and that regulation of such promised improvements in recreation and retirement use land is essential.
Terms Used In Kentucky Statutes 367.470
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
Effective: July 15, 1988
History: Amended 1988 Ky. Acts ch. 194, sec. 7, effective July 15, 1988. — Created
1978 Ky. Acts ch. 316, sec. 1, effective June 17, 1978.
Legislative Research Commission Note (1988). A technical correction has been made in this section by the Reviser of Statutes pursuant to KRS § 7.136.