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Kentucky · Snapshot 09/05/2026

KRS 186A.191: Terminal rental adjustment clauses -- Vehicle leases that are not sales or

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Where this section sits in the code
  1. KRS Chapter 186A

security interests.

Notwithstanding any other provision of law, a lease transaction does not create a sale or

security interest in a motor vehicle or trailer merely because the lease contains a terminal

rental adjustment clause that provides that the rental price is permitted or required to be

adjusted up or down by reference to the amount of money realized upon the sale or other

disposition of the motor vehicle or trailer.

Collected 2026-09-05T20:51:40Z. Source file · JSON

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