{"data":{"id":"us-ky/krs-355.2a-506","jurisdiction":"us-ky","citation":"KRS 355.2A-506","heading":"Statute of limitations.","body":"(1) An action for default under a lease contract, including breach of warranty or\nindemnity, must be commenced within four (4) years after the cause of action\naccrued. By the original lease contract the parties may reduce the period of\nlimitation to not less than one (1) year.\n(2) A cause of action for default accrues when the act or omission on which the default\nor breach of warranty is based is or should have been discovered by the aggrieved\nparty, or when the default occurs, whichever is later. A cause of ac tion for\nindemnity accrues when the act or omission on which the claim for indemnity is\nbased is or should have been discovered by the indemnified party, whichever is\nlater.\n(3) If an action commenced within the time limited by subsection (1) is so termina ted\nas to leave available a remedy by another action for the same default or breach of\nwarranty or indemnity, the other action may be commenced after the expiration of\nthe time limited and within six (6) months after the termination of the first action\nunless the termination resulted from voluntary discontinuance or from dismissal for\nfailure or neglect to prosecute.\n(4) This section does not alter the law on tolling of the statute of limitations nor does it\napply to causes of action that have accrued before this article becomes effective.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33402","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:43Z","sha256":"6798e7619bde15c9e54a654dfa266a11727abe5fcbcf6ec905c8df0e011a92e1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.2a-505","next":"us-ky/krs-355.2a-507"},"notice":"GroundRules: Original legal text. Not legal advice."}