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Kentucky · Snapshot 09/05/2026

KRS 355.2A-525: Lessor's right to possession of goods.

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Where this section sits in the code

    (1) If a lessor discovers the lessee to be insolvent, the lessor may refuse to deliver the

    goods.

    (2) After a default by the lessee under the lease contract of the type described in KRS

    355.2A-523(1) or 355.2A -523(3)(a) or, if agreed, after other default by th e lessee,

    the lessor has the right to take possession of the goods. If the lease contract so

    provides, the lessor may require the lessee to assemble the goods and make them

    available to the lessor at a place to be designated by the lessor which is reasonab ly

    convenient to both parties. Without removal, the lessor may render unusable any

    goods employed in trade or business, and may dispose of goods on the lessee's

    premises (KRS 355.2A-527).

    (3) The lessor may proceed under subsection (2) without judicial pro cess if it can be

    done without breach of the peace or the lessor may proceed by action.

    Collected 2026-09-05T20:58:43Z. Source file · JSON

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