808 KAR 6:115. Note
reduced to judgment; records.
RELATES TO: KRS
Chapter 286.4, 286.4-580
STATUTORY AUTHORITY:
KRS 286.4-610
NECESSITY, FUNCTION,
AND CONFORMITY: To promote the proper conduct of the consumer loan business and
to insure uniformity for purposes of examination by the executive director or
his representatives.
Section 1. (1) When
a note has been reduced to judgment, the face of the account ledger or card
must show the following:
(a) Name of court.
(b) Date of
judgment.
(c) Amount of judgment.
(d) Court costs.
(e) Defendant
against whom judgment obtained.
(2) Thereafter, all
payments received must be applied to the judgment and properly identified.
(SLL-22; 1 Ky.R. 891; Am. 1391; eff. 6-11-75; TAm eff. 4-21-2007.)