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KRS 371.080

Person signing back of note considered assignor

Known as the Kentucky Fairness in Construction Act

The act spans §§ 371–371 (45 sections).

Effective: October 1, 1942 History: Recodified 1942 Ky

Any person who signs his name upon the back of a nonnegotiable promissory note shall be considered an assignor as to the party holding it, unless a different purpose is expressed in writing.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.