KRS 355.9-303: Law governing perfection and priority of security interests in goods

covered by a certificate of title.

(1) This section applies to goods covered by a certificate of title, even if there is no

other relationship between the jurisdiction under whose certificate of title the goods

are covered and the goods or the debtor.

(2) Goods become covered by a certificate of title when a valid application for the

certificate of title and the applicable fee are delivered to the appropriate authority.

Goods cease to be covered by a certificate of title at the earlier of the time the

certificate of title ceases to be effective under the law of the issuing jurisdiction or

the time the goods become covered subsequently by a certificate of title issued by

another jurisdiction.

(3) The local law of the jurisdiction under whose certificate of title the goods are

covered governs perfection, the effect of perfection or nonperfection, and the

priority of a security interest in goods covered by a certificate of title from the time

the goods become covered by the certificate of title until the goods cease to be

covered by the certificate of title.