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Kentucky Revised Statutes · § 412.140 — Action by surety against principal or cosurety after maturity of debt

412.140. Action by surety against principal or cosurety after maturity of debt

After the maturity of a debt or liability, an equitable action may be brought by a surety against his principal to compel payment of it, or by one who is jointly liable therefor with another to compel him to pay so much of it as he may be equitably liable for as between him and the plaintiff.

Source notes

Effective: July 1, 1953

History and annotations

Transferred 1952 Ky. Acts ch. 84, sec. 1, effective July 1, 1953, from C.C. sec. 661.

Official source for this version

Source captured 2026-09-25. Open the official source.

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