2011 Kentucky Revised Statutes
CHAPTER 65 GENERAL PROVISIONS APPLICABLE TO COUNTIES, CITIES, AND OTHER LOCAL UNITS
65.946 Maximum term for leases.


KY Rev Stat § 65.946 (1996 through Reg Sess) What's This?
Download pdf

65.946 Maximum term for leases. 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. Effective: July 13, 1990 History: Created 1990 Ky. Acts ch. 81, sec. 4, effective July 13, 1990.

Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.