KRS 138.462: Definitions for KRS 138.463 and 138.4631.

As used in KRS 138.463 and 138.4631, unless the context requires otherwise:

(1) "Cabinet" means the Transportation Cabinet;

(2) "Rent" and "rental" means a contract, other than a peer -to-peer car sharing program

agreement as defined in KRS 281.010 or a car sharing program agreement as

defined in KRS 365.520, supported by a consideration, for the use of a motor

vehicle for a period of less than three hundred sixty-five (365) days;

(3) "Lease" and "leasing" means a contract, other than a peer -to-peer car shar ing

program agreement as defined in KRS 281.010 or a car sharing program agreement

as defined in KRS 365.520, supported by a consideration, for the use of a motor

vehicle for a period of three hundred sixty-five (365) days or more; and

(4) "Gross rental ch arge" means the amount paid by a customer for time and mileage

only.