There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 10. Title Pledge Lending
286.10.270 Expiration of title pledge agreement -- Taking possession of titled personal property upon default.
Download pdfany 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. Effective: July 15, 1998
History: Created 1998 Ky. Acts ch. 242, sec. 15, effective July 15, 1998.
Formerly codified as KRS 368.270.
Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the
Kentucky Financial Services Code, KRS Chapter 286.
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