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Kentucky · Snapshot 09/05/2026

KRS 355.9-335: Accessions.

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    (1) A security interest may be created in an accession and continues in collateral that

    becomes an accession.

    (2) If a security interest is perfected when the collateral becomes an accession, the

    security interest remains perfected in the collateral.

    (3) Except as otherwise provided in subsection (4) of this section, the other provisions

    of this part of this article determine the priority of a security interest in an accession.

    (4) A security interest in an accession is subordinate to a security interest in the whole

    which is perfected by compliance with the requirements of a certificate -of-title

    statute under KRS 355.9-311(2).

    (5) After default, subject to Part 6 of this article, a secured party may remove an

    accession from other goods if the security interest in the accession has priority over

    the claims of every person having an interest in the whole.

    (6) A secured party that removes an accession from other goods under subsection (5) of

    this section shall promptly reimburse any holder of a security interest or other lien

    on, or owner of, the whole or of the other goods, other than the debtor, for the cost

    of repair of any physical injury to the whole or the other goods. The secured party

    need not reimburse the holder or owner for any diminution in value of the whole or

    the other goods caused by the absence of the accession removed or by any necessity

    for replacing it. A person entitled to reimbursement may refuse permission to

    remove until the secured party gives adequate assurance for the performance of the

    obligation to reimburse.

    Collected 2026-09-05T20:58:48Z. Source file · JSON

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