™Your Policy Risk Impact Agent
15 chapters · 1,472 sections in this title.
KRS § 355.9-604 Procedure if security agreement covers real property or fixtures
1.6K chars
(1) If a security agreement covers both personal and real property, a secured party may proceed: (a) Under this part of this article as to the personal property without prejudicing any rights with respect to the real property; or (b) As to both the personal property and the real …
KRS § 355.9-605 Unknown debtor or secondary obligor
1.2K chars
(1) Except as provided in subsection (2) of this section, a secured party does not owe a duty based on its status as secured party: (a) To a person that is a debtor or obligor, unless the secured party knows: 1. That the person is a debtor or obligor; 2. The identity of the perso…
KRS § 355.9-606 Time of default for agricultural lien
0.2K chars
For purposes of this part of this article, a default occurs in connection with an agricultural lien at the time the secured party becomes entitled to enforce the lien in accordance with the statute under which it was created.
KRS § 355.9-607 Collection and enforcement by secured party
2.5K chars
(1) If so agreed, and in any event after default, a secured party: (a) May notify an account debtor or other person obligated on collateral to make payment or otherwise render performance to or for the benefit of the secured party; (b) May take any proceeds to which the secured p…