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KRS 371.280

Written statement of payments and amount unpaid

Known as the Kentucky Fairness in Construction Act

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

History: Created 1962 Ky

Upon written request of the buyer, the holder of a retail installment contract shall give or forward to the buyer a written statement of the dates and amounts of payments and the total amount unpaid under the contract. A buyer shall be given a written receipt for any payment when made in cash. Such a statement or receipt shall be given the buyer once without charge; if any additional statement is requested by the buyer, it shall be supplied by the holder at a charge not in excess of one dollar ($1) for each additional statement or receipt so supplied.

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