{"data":{"id":"us-ky/krs-355.9-106","jurisdiction":"us-ky","citation":"KRS 355.9-106","heading":"Control of investment property.","body":"(1) A person has control of a certificated security, uncertificated security, or security\nentitlement as provided in KRS 355.8-106.\n(2) A secured party has control of a commodity contract if:\n(a) The secured party is the commodity intermediary with which the c ommodity\ncontract is carried; or\n(b) The commodity customer, secured party, and commodity intermediary have\nagreed that the commodity intermediary will apply any value distributed on\naccount of the commodity contract as directed by the secured party withou t\nfurther consent by the commodity customer.\n(3) A secured party having control of all security entitlements or commodity contracts\ncarried in a securities account or commodity account has control over the securities\naccount or commodity account.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33733","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:47Z","sha256":"0555db6a2f5a1633b2b515c5d601130615733f062439a32c28f6f2d1b0a4a7a4","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.9-1051","next":"us-ky/krs-355.9-107"},"notice":"GroundRules: Original legal text. Not legal advice."}