{"data":{"id":"us-ky/krs-304.19-020","jurisdiction":"us-ky","citation":"KRS 304.19-020","heading":"Definitions for KRS 304.19-020 to 304.19-140.","body":"For the purpose of KRS 304.19-020 to 304.19-140:\n(1) \"Credit health insurance\" means insurance on a debtor to provide indemnity for\npayments becoming due on a specific loan or other credit transaction while the\ndebtor is disabled as defined in the policy;\n(2) \"Credit life insurance\" means insurance on the life of a debtor pursuant to or in\nconnection with a specific loan or other credit transaction;\n(3) \"Creditor\" means the lender of money or vendor or lessor of goods, services, or\nproperty, rights or privi leges, for which payment is arranged through a credit\ntransaction, or any successor to the right, title or interest of any such lender, vendor,\nor lessor, and an affiliate, associate or subsidiary of any of them, or any director,\nofficer or employee of any of them, or any other person in any way associated with\nany of them;\n(4) \"Debtor\" means a borrower of money or a purchaser or lessee of goods, services,\nproperty, rights or privileges for which payment is arranged through a credit\ntransaction;\n(5) \"Indebtedness\" means the total amount payable by a debtor to a creditor in\nconnection with a loan or other credit transaction; and\n(6) \"Joint credit life or credit health\" shall mean insurance on the life of the debtor and\nthe spouse of the debtor, partners, or any other legal cosigner.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57203","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:49Z","sha256":"625e6d00439de8333da72953a505a619cca0ee8833ed4ce689f7fd6669002235","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.19-010","next":"us-ky/krs-304.19-030"},"notice":"GroundRules: Original legal text. Not legal advice."}