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Kentucky · Snapshot 09/05/2026

KRS 355.9-509: Persons entitled to file a record.

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Where this section sits in the code

    (1) A person may file an initial financing statement, amendment that adds collateral

    covered by a financing statement, or amendment that adds a debtor to a financing

    statement only if:

    (a) The debtor authorizes the filing in a signed record or pursuant to subs ection

    (2) or (3) of this section; or

    (b) The person holds an agricultural lien that has become effective at the time of

    filing and the financing statement covers only collateral in which the person

    holds an agricultural lien.

    (2) By signing or becoming bo und as debtor by a security agreement, a debtor or new

    debtor authorizes the filing of an initial financing statement, and an amendment,

    covering:

    (a) The collateral described in the security agreement; and

    (b) Property that becomes collateral under KRS 35 5.9-315(1)(b), whether or not

    the security agreement expressly covers proceeds.

    (3) By acquiring collateral in which a security interest or agricultural lien continues

    under KRS 355.9 -315(1)(a), a debtor authorizes the filing of an initial financing

    statement, and an amendment, covering the collateral and property that becomes

    collateral under KRS 355.9-315(1)(b).

    (4) A person may file an amendment other than an amendment that adds collateral

    covered by a financing statement or an amendment that adds a debt or to a financing

    statement only if:

    (a) The secured party of record authorizes the filing; or

    (b) The amendment is a termination statement for a financing statement as to

    which the secured party of record has failed to file or send a termination

    statement as required by KRS 355.9 -513(1) or (3), the debtor authorizes the

    filing, and the termination statement indicates that the debtor authorized it to

    be filed.

    (5) If there is more than one (1) secured party of record for a financing statement, each

    secured party of record may authorize the filing of an amendment under subsection

    (4) of this section.

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

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