KRS 355.9-108: Sufficiency of description.

(1) Except as otherwise provided in subsections (3), (4), and (5) of this section, a

description of personal or real property is sufficient, whether or not it is specific, if

it reasonably identifies what is described.

(2) Except as otherwise provided in subse ction (4) of this section, a description of

collateral reasonably identifies the collateral if it identifies the collateral by:

(a) Specific listing;

(b) Category;

(c) Except as otherwise provided in subsection (5) of this section, a type of

collateral defined in this chapter;

(d) Quantity;

(e) Computational or allocational formula or procedure; or

(f) Except as otherwise provided in subsection (3) of this section, any other

method, if the identity of the collateral is objectively determinable.

(3) A description of collateral as "all the debtor's assets" or "all the debtor's personal

property" or using words of similar import does not reasonably identify the

collateral.

(4) Except as otherwise provided in subsection (5) of this section, a description of a

security entitlement, securities account, or commodity account is sufficient if it

describes:

(a) The collateral by those terms or as investment property; or

(b) The underlying financial asset or commodity contract.

(5) A description only by type of collater al defined in this chapter is an insufficient

description of:

(a) A commercial tort claim; or

(b) In a consumer transaction, consumer goods, a security entitlement, a securities

account, or a commodity account.