{"data":{"id":"us-ky/krs-286.6-320","jurisdiction":"us-ky","citation":"KRS 286.6-320","heading":"\"Credit card guaranty\" defined -- Requirement to insure validity.","body":"(1) As used in this section, \"credit card guaranty\" means an agreement pursuant to\nwhich a natural person assumes liability for indebtedness to a credit union incurred\nby use of a credit card without receiving the contractual right to obtain extensions of\ncredit under the account for which the credit card is issued.\n(2) No credit card guaranty shall be valid or enforceable unless it is in writing signed by\nthe guarantor and contains a provision specifying the amount of the maximum\naggregate liability of the guarantor thereunder.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14790","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:13Z","sha256":"ed0eb9acf363b3ebcf5d64c5693036b038f6e7b7e9216390104c34c24d5432e0","source_id":"us-ky","stale":false,"prev":"us-ky/krs-286.6-315","next":"us-ky/krs-286.6-325"},"notice":"GroundRules: Original legal text. Not legal advice."}
