{"data":{"id":"us-ky/krs-355.9-3141","jurisdiction":"us-ky","citation":"KRS 355.9-3141","heading":"Perfection by possession and control of chattel paper.","body":"(1) A secured party may perfect a security interest in chattel paper by taking possession\nof each authoritative tangible copy of the record evidencing the chattel paper and\nobtaining control of each authoritative electronic copy of the electronic record\nevidencing the chattel paper.\n(2) A security interest is perfected under subsection (1) of this section not earlier than\nthe time the secured party takes possession and obtains con trol and remains\nperfected under subsection (1) of this section only while the secured party retains\npossession and control.\n(3) KRS 355.9 -313(3) and (6) to (9) apply to perfection by possession of an\nauthoritative tangible copy of a record evidencing chattel paper.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=55689","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:48Z","sha256":"6a8bb7820773ef3b45423671ec076845697118f1eda4f01f68e35ddc60cbeb0c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.9-314","next":"us-ky/krs-355.9-315"},"notice":"GroundRules: Original legal text. Not legal advice."}