Ky. Rev. Stat. § 355.9-605

Current through Acts Received April 24, 2024
Section 355.9-605 - [Effective Until 1/1/2025] Unknown debtor or secondary obligor

A secured party does not owe a duty based on its status as secured party:

(1) To a person that is a debtor or obligor, unless the secured party knows:
(a) That the person is a debtor or obligor;
(b) The identity of the person; and
(c) How to communicate with the person; or
(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:
(a) That the person is a debtor; and
(b) The identity of the person.

KRS 355.9-605

Effective:7/1/2001
Created 2000, Ky. Acts ch. 408, sec. 123, effective7/1/2001.
This section is set out more than once due to postponed, multiple, or conflicting amendments.