HB 778

  • Kentucky House Bill
  • 2024 Regular Session
  • Introduced in House Feb 26, 2024
  • House
  • Senate
  • Governor

AN ACT relating to real property.

Abstract

Amend KRS 371.160 to provide that the requirement that the retained amount held back by an owner for improvement of real estate in any contract in the amount of $500,000 or more be deposited into a separate escrow account shall be mandatory and shall not waived by contract.

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Feb 26, 2024

House

introduced in House

House

to Committee on Committees (H)

Bill Text

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Introduced PDF

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Sources

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