413.080 Action upon equity of redemption in personal property. After a mortgagee of personal property or any person claiming under him has had five (5) years' continued adverse possession, no action shall be brought by the mortgagor or any person claiming under him to redeem the property. Effective: October 1, 1942 History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2540.