KRS 355.2A-205: Firm offers.

An offer by a merchant to lease goods to or from another person in a signed record that

by its terms gives assurance it will be held open is not revocable, for lack of

consideration, during the time stated or if no time is stated, for a reasonable time, bu t in

no event may the period of irrevocability exceed three (3) months and any such term of

assurance on a form supplied by the offeree must be separately signed by the offeror.