{"data":{"id":"us-ky/krs-335b.080","jurisdiction":"us-ky","citation":"KRS 335B.080","heading":"Definitions for KRS 335B.080 to 335B.100.","body":"As used in KRS 335B.080 to 335B.100, unless the context otherwise requires:\n(1) \"Default\" means the failure to repay a loan according to the terms agreed to in the\npromissory note;\n(2) \"Delinquency\" means the failure to make loan payments when they are due;\n(3) \"License\" means any license, permit, certificate, registration, or other means\nrequired to engage in an occupation that is granted or issued by the Commonwealth\nof Kentucky, its agents, or political subdivisions before a person may pursue,\npractice, or engage in any occupation;\n(4) \"Licensing authority\" means the person, board, commission, or department of the\nCommonwealth of Kentucky, its agencies, or political subdivisions, responsible by\nlaw for the licensing of persons for occupations;\n(5) \"Scholarship\" means an award of financial aid for a student to further the student's\neducation; and\n(6) \"Student loan\" means a federally guaranteed or state -guaranteed loan for the\npurposes of postsecondary education.","path":["KRS Chapter 335B"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=48586","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:25Z","sha256":"7f21cb7119f4097d28ec243e195ece675905417b8982635e4487804ab14a505f","source_id":"us-ky","stale":false,"prev":"us-ky/krs-335b.075","next":"us-ky/krs-335b.090"},"notice":"GroundRules: Original legal text. Not legal advice."}
