{"data":{"id":"us-ky/krs-355.2a-525","jurisdiction":"us-ky","citation":"KRS 355.2A-525","heading":"Lessor's right to possession of goods.","body":"(1) If a lessor discovers the lessee to be insolvent, the lessor may refuse to deliver the\ngoods.\n(2) After a default by the lessee under the lease contract of the type described in KRS\n355.2A-523(1) or 355.2A -523(3)(a) or, if agreed, after other default by th e lessee,\nthe lessor has the right to take possession of the goods. If the lease contract so\nprovides, the lessor may require the lessee to assemble the goods and make them\navailable to the lessor at a place to be designated by the lessor which is reasonab ly\nconvenient to both parties. Without removal, the lessor may render unusable any\ngoods employed in trade or business, and may dispose of goods on the lessee's\npremises (KRS 355.2A-527).\n(3) The lessor may proceed under subsection (2) without judicial pro cess if it can be\ndone without breach of the peace or the lessor may proceed by action.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33421","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:43Z","sha256":"5420fa1f0712aac7230435d2d19da663a1b954a99993989f5fec822d35b9f54e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.2a-524","next":"us-ky/krs-355.2a-526"},"notice":"GroundRules: Original legal text. Not legal advice."}