KRS 286.6-320: "Credit card guaranty" defined -- Requirement to insure validity.

(1) As used in this section, "credit card guaranty" means an agreement pursuant to

which a natural person assumes liability for indebtedness to a credit union incurred

by use of a credit card without receiving the contractual right to obtain extensions of

credit under the account for which the credit card is issued.

(2) No credit card guaranty shall be valid or enforceable unless it is in writing signed by

the guarantor and contains a provision specifying the amount of the maximum

aggregate liability of the guarantor thereunder.