{"data":{"id":"us-ky/krs-190.124","jurisdiction":"us-ky","citation":"KRS 190.124","heading":"Statute of limitations on action for breach of retail installment contract.","body":"(1) The holder of a retail installment contract shall commence an action against the\nretail buyer to recover monetary damages or other relief for breach of the retail\ninstallment contract within the earlier of the following:\n(a) Four (4) years after the maturity date of the retail installment contract;\n(b) If the motor vehicle has been repossessed, voluntarily or involuntarily, four\n(4) years after the date the motor vehicle was sold or otherwise disposed of by\nthe repossessing retail seller, sales finance  company, or other owner of the\nretail installment contract; or\n(c) If the maturity date is accelerated by reason of default, regardless of whether\nthe motor vehicle has been repossessed, within four (4) years of the\naccelerated maturity date.\n(2) The prov isions of this section shall control over any contrary provision of KRS\nChapter 413.","path":["KRS Chapter 190"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=6564","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:45Z","sha256":"399e392ef6674beaefb9311bcbd4c3d0b035ce1f6ec0580e5ee4de1603e565a8","source_id":"us-ky","stale":false,"prev":"us-ky/krs-190.120","next":"us-ky/krs-190.130"},"notice":"GroundRules: Original legal text. Not legal advice."}