{"data":{"id":"us-ky/krs-376.050","jurisdiction":"us-ky","citation":"KRS 376.050","heading":"Mortgage for building or improvement purposes to state facts --","body":"Misapplication of proceeds.\n(1) Any mortgage taken to secure a loan made for the purpose of erecting, improving or\nadding to a building shall state such facts.\n(2) No person shall willfu lly misappropriate or misapply the proceeds received from\nsuch a loan.","path":["KRS Chapter 376"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35285","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:08Z","sha256":"83ea0b8da63a47bdbb01d0c2d11edb648318f061fb16a5a613cbbfe310053c2e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-376.040","next":"us-ky/krs-376.060"},"notice":"GroundRules: Original legal text. Not legal advice."}