When any company or establishment referred to in KRS 376.150 suspends, sells or transfers its business, or when the property or effects engaged in the business are taken in attachment or execution so that the business is stopped or suspended, a lien shall attach as provided in KRS 376.150 and may be enforced by proceedings in equity.
KRS 376.180
Lien attaches when business is transferred, suspended or attached -- Enforcement
Applied in 2 court decisions — leading case McGlone v. Smith (1943)
Most recently applied in Scherer v. Quality Communications, Inc. (In Re Quality Communications, Inc.) (August 2006)
Effective: October 1, 1942 History: Recodified 1942 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.