In any action to enforce KRS 371.400 to KRS 371.425, including arbitration, the court or arbitrator shall award costs and reasonable attorney‘s fees to the prevailing party if the losing party is deemed to have acted in bad faith. For public construction contracts, recovery of attorney’s fees under this section shall be limited to the public contract rate for attorney’s fees. Venue of such an action shall be within the Commonwealth of Kentucky.
Effective: June 26, 2007

Terms Used In Kentucky Statutes 371.415

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Attorney: means attorney-at-law. See Kentucky Statutes 446.010
  • Contract: A legal written agreement that becomes binding when signed.
  • Venue: The geographical location in which a case is tried.

History: Created 2007 Ky. Acts ch. 136, sec. 4, effective June 26, 2007.