Ky. Rev. Stat. § 186A.210

Current through Acts Received April 8, 2024
Section 186A.210 - [Effective Until 1/1/2025] Clerk to release lien assignment
(1) When a security interest has been discharged under the provisions of KRS 186.045(3), the county clerk shall discharge the security interest and remove the lien information from AVIS.
(2) When a security interest has been discharged as provided by KRS 186.045(4), the county clerk of a county that is operating under automated procedures shall, upon receiving a termination statement, within five (5) days enter the record of termination into the automated system. The automated system shall be programmed to allow a county clerk in a county where the termination statement was not received to access the automated system to determine the county and date that the record of termination was entered into the automated system. The clerk of the county where the termination statement was received shall then release the lien recorded upon the title in the manner directed by the Department of Vehicle Regulation, and take such other action with respect to a termination as is directed by the Department of Vehicle Regulation.

KRS 186A.210

Effective:6/24/2003
Amended 2003, Ky. Acts ch. 103, sec. 3, effective6/24/2003. -- Amended 1986 Ky. Acts ch. 118, sec. 101, effective 7/1/1987. -- Created 1982 Ky. Acts ch. 164, sec. 39, effective 7/15/1982.
This section is set out more than once due to postponed, multiple, or conflicting amendments.