KRS 367.704: Compliance with KRS 367.701 to 367.709 -- Applicability. (Effective

January 1, 2027)

(1) (a) Except as provided in paragraph (b) of this subsection, a vehicle financial

protection product offered, sold, or given to a consumer in this state shall

comply with KRS 367.701 to 367.709.

(b) Paragraph (a) of this subsection shall not apply to any debt waiver offered by

a state or federal bank or credit union in compliance with applicable state and

federal law.

(2) Notwithstanding any other law to the contrary, vehicle financial protection products

issued before, on, or after January 1, 2027, shall not be considered insurance.

(3) KRS 367.701 to 367.709 shall not apply to any vehicle financial protection product

offered prior to January 1, 2027.