Kentucky Code § KRS 412.090

Assignment of right of action to surety paying judgment
Open in Lexace · Ask the AI about this section
If the surety pays any part of a judgment he shall have a right to an assignment of the judgment from the plaintiff or the plaintiff's attorney, in whole or in part. When the plaintiff has been fully satisfied, the assignment shall give the surety the righ t to sue out or use any existing execution or otherwise control the judgment for his own benefit, against the other defendants, so far as to obtain satisfaction from the principal for the whole amount so paid by him, with interest, or from any cosurety his proper part of such payment, according to KRS 412.080. This assignment shall also transfer to the sureties so paying the benefit of any lien existing under or by virtue of the judgment, and the right of assignment shall exist, though the money was made or secured by sale of the property of the surety under execution.

‹ Prev All Kentucky sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.