{"data":{"id":"us-ky/krs-355.2a-503","jurisdiction":"us-ky","citation":"KRS 355.2A-503","heading":"Modification or impairment of rights and remedies.","body":"(1) Except as otherwise provided in this article, the lease agreement may include rights\nand remedies for default in addition to or in substitution for those provided in this\narticle and may limit or alter the measure of damages recoverable under this article.\n(2) Resort to a remedy provided under this article or in the lease agreement is optional\nunless the remedy is expressly agreed to be exclusive. If circumstances cause an\nexclusive or limited remedy to fail of its essential purpose, or provision for an\nexclusive remedy is unconscionable, remedy may be had as provided in this article.\n(3) Consequential damages may be liquidated under KRS 355.2A -504, or may\notherwise be limited, altered, or excluded unless the limitation, alteration, or\nexclusion is unconscio nable. Limitation, alteration, or exclusion of consequential\ndamages for injury to the person in the case of consumer goods is prima facie\nunconscionable but limitation, alteration, or exclusion of damages where the loss is\ncommercial is not prima facie unconscionable.\n(4) Rights and remedies on default by the lessor or the lessee with respect to any\nobligation or promise collateral or ancillary to the lease contract are not impaired by\nthis article.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33399","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:43Z","sha256":"64fe33fc684c256e03d1fcccaca1669a99a02b17289b4ded1899fe9059c9dcd2","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.2a-502","next":"us-ky/krs-355.2a-504"},"notice":"GroundRules: Original legal text. Not legal advice."}