Ky. Rev. Stat. § 286.10-270
Current through 2024 Ky. Acts ch. 225
The pledgor shall have no obligation to redeem the titled personal property, or to make any payment toward the title pledge agreement. If, however, upon the expiration of the title pledge agreement, or the final renewal, if any, the pledgor fails to pay all of the principal, interest, and fees owing to the title pledge lender, the title pledge lender may take possession of the titled personal property. In taking possession, the title pledge lender, or his agent, may proceed without judicial process if this can be done without breach of the peace, or may proceed by filing a civil action.
KRS 286.10-270
Created 1998, Ky. Acts ch. 242, sec. 15, effective7/15/1998.