Ky. Rev. Stat. § 367.911

Current through Acts Received April 24, 2024

Section 367.911 - Term of contract

(1) No contract term shall exceed thirty-six (36) months from the date the contract is entered into; however, a member may renew a contract for additional terms. No contract term shall be measured by or be for the life of the member.

(2) No contract shall require payments or financing by the member over a period in excess of thirty-six (36) months from the date the contract is entered into.

KRS 367.911

Effective:7/15/1988
Created 1988 Ky. Acts ch. 367, sec. 2, effective7/15/1988.