2013 Kentucky Revised Statutes
367.979 Prohibited provisions.

KY Rev Stat § 367.979 (2013) What's This?

Download as PDF 367.979 Prohibited provisions. A rental-purchase agreement shall not contain a provision: (1) Requiring a confession of judgment; (2) Requiring a garnishment of wages; (3) Granting authorization to the lessor of a person acting on the lessor's behalf to enter unlawfully upon the consumer's premises or to commit any breach of the peace in the repossession of goods; (4) Requiring the consumer to waive any defense, counterclaim or right of action against the lessor or a person acting on the lessor's behalf in collection of payment under the lease or in the repossession of goods; or (5) Requiring purchase of insurance from the lessor to cover the merchandise. Effective:July 13, 1990 History: Created 1990 Ky. Acts ch. 196, sec. 4, effective July 13, 1990; and ch. 304, sec. 4, effective July 13, 1990. Legislative Research Commission Note (7/13/90). This section was created by two separate 1990 Acts which are identical and have therefore been compiled together.

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