{"data":{"id":"us-ky/krs-355.3-116","jurisdiction":"us-ky","citation":"KRS 355.3-116","heading":"Joint and several liability -- Contribution.","body":"(1) Except as otherwise provided in the instrument, two (2) or more persons who have\nthe same liability on an instrument as makers, drawers, acceptors, indorsers who\nindorse as joint payees, or anomalous indorsers are jointly and severally liable in the\ncapacity in which they sign.\n(2) Except as provided in KRS 355.3 -419(6) or by agreement of the affected parties, a\nparty having joint and several liability who pays the instrument is entitled to receive\nfrom any party having the same joint and several liability contribution in accordance\nwith applicable law.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33444","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:44Z","sha256":"578f4a0e8b320364b1bd22c361dfb09d53451632c77e74280cfcbeb857013036","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.3-115","next":"us-ky/krs-355.3-117"},"notice":"GroundRules: Original legal text. Not legal advice."}