Kentucky Senate Bill 204 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 20 2015 - 100% progression
Action: 2015-03-20 - signed by Governor (Acts, ch. 037)
Text: Latest bill text (Draft #3) [MS Word]

Establish KRS Chapter 378A and create new sections thereof to define terms; establish the requirements of insolvency under the Uniform Voidable Transactations Act; determine when value is given for transfer; determine the intent of a debtor on a voidable transfer; establish the voidability of transactions as to creditor claims arising prior to the transfer; determine when a transfer is made; establish remedies for a creditor; establish defenses and protections of a transferee or obligee; establish a statute of limitations for claims under KRS Chapter 378A; determine the location of debtor for jurisdictional purposes; define "protected series" and "series organization" and set out the applicability of the chapter to them; establish a short title for this chapter; repeal all sections of KRS Chapter 378; EFFECTIVE January 1, 2016.

AN ACT relating to fraudulent transfers.

Sen. Morgan McGarvey [D]

Date	Chamber	Action
2015-03-20	Senate	signed by Governor (Acts, ch. 037)
2015-03-11	Senate	delivered to Governor
2015-03-11	Senate	enrolled, signed by each presiding officer
2015-03-10	Senate	received in Senate
2015-03-10	House	3rd reading, passed 97-0
2015-03-09	House	posted for passage in the Consent Orders of the Day for Tuesday, March 10, 2015
2015-03-04	House	reported favorably, 2nd reading, to Rules as a Consent Bill
2015-03-03	House	posting waived
2015-03-03	House	returned to Banking & Insurance (H)
2015-03-03	House	1st reading
2015-03-03	House	taken from Banking & Insurance (H)
2015-03-02	House	to Banking & Insurance (H)
2015-02-27	House	received in House
2015-02-27	Senate	3rd reading, passed 36-0
2015-02-26	Senate	posted for passage in the Regular Orders of the Day for Thursday, Friday, 26, 2015
2015-02-26	Senate	reported favorably, 2nd reading, to Rules as a Consent Bill
2015-02-25	Senate	returned to Banking & Insurance (S)
2015-02-25	Senate	1st reading
2015-02-25	Senate	taken from Banking & Insurance (S)
2015-02-19	Senate	to Banking & Insurance (S)
2015-02-13	Senate	introduced in Senate

Type	Source
Summary	http://www.lrc.ky.gov/record/15RS/SB204.htm
Text	http://www.lrc.ky.gov/record/15RS/SB204/bill.doc
Supplement	http://www.lrc.ky.gov/record/15RS/SB204/vote_history.pdf