The title pledge lender may record the lender's security interest in titled personal property by noting liens on the certificate of title for all title pledge transactions. The title pledge lender may require the pledgor to execute a power of attorney at the time of the signing of the title pledge agreement permitting the title pledge lender to record the lien and effect a transfer of the certificate of title upon default.
KRS 286.10-255
Created 1998, Ky. Acts ch. 242, sec. 12, effective7/15/1998.