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KY SB316
Bill
Status
Introduced
3/2/2026
Primary Sponsor
Brandon Storm
Click for details
AI Summary
- Amends KRS 381.190 governing trustee sales of real estate held under pledges or deeds of trust to secure debt payment
- Trustee sales are invalid and do not transfer property title unless one of three conditions is met
- Valid sales require either: (1) a court judgment authorizing the sale, (2) an assignee acting under a voluntary deed of assignment, or (3) written consent from the original maker of the deed or pledge
- Reorganizes existing statute into a numbered list format for clarity without substantive changes to the underlying legal requirements
Legislative Description
AN ACT relating to real property.
Real Estate
Last Action
to Committee on Committees (S)
3/2/2026
Committee Referrals
Committee on Committees3/2/2026
Full Bill Text
No bill text available