{"data":{"id":"us-ky/krs-355.2a-102","jurisdiction":"us-ky","citation":"KRS 355.2A-102","heading":"Scope.","body":"(1) This article applies to any transaction, regardless of form, that creates a lease and,\nin the case of a hybrid lease, it applies to the extent provided in subsection (2) of\nthis section.\n(2) In a hybrid lease:\n(a) If the lease-of-goods aspects do not predominate:\n1. Only the provisions of this article which relate primarily to the lease -of-\ngoods aspects of the transaction apply, and the provisions that relate\nprimarily to the transaction as a whole do not apply;\n2. KRS 355.2A-209 applies if the lease is a finance lease; and\n3. KRS 355.2A-407 applies to the promises of the lessee in a finance lease\nto the extent the promises are consideration for the right to possession\nand use of the leased goods; and\n(b) If the lease -of-goods aspects predominate, this artic le applies to the\ntransaction, but does not preclude application in appropriate circumstances of\nother law to aspects of the lease which do not relate to the lease of goods.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=55636","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:42Z","sha256":"50536b381a8ed6107d0af2b7c210a75f46e62eaa580ff3b42569611968bc7a43","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.2a-101","next":"us-ky/krs-355.2a-103"},"notice":"GroundRules: Original legal text. Not legal advice."}