Ky. Rev. Stat. § 65.946
Current through 2024 Ky. Acts ch.225
A lease for real property may have any term, including renewals, not to exceed forty (40) years. A lease for personal property may have any term, including renewals, not to exceed the useful life of the personal property financed, determined in accordance with generally accepted accounting principles.
KRS 65.946
Created 1990 Ky. Acts ch. 81, sec. 4, effective7/13/1990.