For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Effect of insolvency or nonresidence on right of contribution

KRS 412.040
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
412.040. Effect of insolvency or nonresidence on right of contribution The insolvency or nonresidence of any person liable to contribution shall affect the rights of the others in like manner as the insolvency of one (1) obligor affects the others. Effective: October 1, 1942 History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 485.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=17840Fetched: 10/20/2026

Starting a business in Kentucky? Kentucky LLC guide: costs and requirements