Code · Kentucky · Chapter 451 — Practice in circuit courts

451.170 Terms of judicial sales.

97 words·~1 min read·/ky/chapter-451/451-170

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Judicial sales of property shall be for cash, or on reasonable credit or partly for cash

and partly on reasonable credit, as the court directs; but a sale of personal property

shall not be on a longer credit than four

(4)months.

(2)The court may by rule require purchasers at judicial sales to deposit with the

officers making the sale, at the time of sale, a specified sum of money, sufficient to

cover the expense of a resale. If the deposit is not made at that time, the officer shall

at once resell the property.