{"data":{"id":"us-ky/krs-367.387","jurisdiction":"us-ky","citation":"KRS 367.387","heading":"Remedies for borrower -- Time limitation.","body":"(1) Any borrower who suffers a loss of money or property as a result of a violation of\nKRS 367.381 may bring an action against the loan broker, its principals, employees,\nor agents, and against the surety bond, or trust account, if any, of the loan broker.\nThe action shall be brought in the county in which the solicitation was made, and\nrecovery shall not exceed an amount equal to three (3) times his actual damages.\nThe court may award to the prevailing party, in addition to the relief provided in this\nsection, reasonable attorney's fees and costs.\n(2) A permanent injunction, judgment, or order of the court obtained by the Attorney\nGeneral pursuant to KRS 367.385 shall be prima facie evidence in an action brought\nunder this section that the defendant used or emp loyed a method, act, or practice\ndeclared unlawful by KRS 367.381.\n(3) A person bringing an action under this section shall bring the action within one (1)\nyear after any action brought by the Attorney General has been terminated, or two\n(2) years after the violation occurred, whichever is later.","path":["KRS Chapter 367"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34947","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:03Z","sha256":"434e1800862c5c163cae8e8b094c3591f06a4024ca3bdbcdffe38db519bfcddc","source_id":"us-ky","stale":false,"prev":"us-ky/krs-367.385","next":"us-ky/krs-367.389"},"notice":"GroundRules: Original legal text. Not legal advice."}