{"data":{"id":"us-ky/krs-355.1-309","jurisdiction":"us-ky","citation":"KRS 355.1-309","heading":"Option to accelerate at will.","body":"A term providing that one (1) party or that party's successor in interest may accelerate\npayment or performance or require collateral or additional collateral \"at will\" or when the\nparty \"deems itself insecure,\" or words of similar import, means that the p arty has power\nto do so only if that party in good faith believes that the prospect of payment or\nperformance is impaired. The burden of establishing lack of good faith is on the party\nagainst which the power has been exercised.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33242","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:41Z","sha256":"821dc8b0c19ff79f003770c600d647b97250d8d67bd2c001edef49cebe245b0d","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.1-308","next":"us-ky/krs-355.1-310"},"notice":"GroundRules: Original legal text. Not legal advice."}