{"data":{"id":"us-ky/krs-355.9-502","jurisdiction":"us-ky","citation":"KRS 355.9-502","heading":"Contents of financing statement -- Record of mortgage as financing","body":"statement -- Time of filing financing statement.\n(1) Subject to subsection (2) of this section, a financing statement is sufficient only if it:\n(a) Provides the name of the debtor;\n(b) Provides the name of the secured party or a representative of the secured\nparty; and\n(c) Indicates the collateral covered by the financing statement.\n(2) Except as otherwise provided in KRS 355.9 -501(2), to be sufficient, a financing\nstatement that covers as-extracted collateral or timber to be cut, or which is filed as\na fixture filing and covers goods that are or are to become fixtures, must satisfy\nsubsection (1) of this section and also:\n(a) Indicate that it covers this type of collateral;\n(b) Indicate that it is to be filed in the real property records;\n(c) Provide a description of the real property to which the collateral is related; and\n(d) If the debtor does not have an interest of record in the real property, provide\nthe name of a record owner.\n(3) A record of a mortgage is effective, from the date of recording, as a financing\nstatement filed as a fixture filing or as a financing statement covering as -extracted\ncollateral or timber to be cut only if:\n(a) The record indicates the goods or accounts that it covers;\n(b) The goods are or are to become fixtures related to the real property described\nin the record or the collateral is related to the real property described in the\nrecord and is as-extracted collateral or timber to be cut;\n(c) The record satisfies the requirements for a financing statement in this section:\n1. The record need not indicate that it is to be filed in the real property\nrecords; and\n2. The record sufficiently provides the name of a debtor who is an\nindividual if it provides the individual name of the debtor or the surname\nand first personal name of the debtor, even if the debtor is an individual\nto whom KRS 355.9-503(1)(d) applies; and\n(d) The record is recorded.\n(4) A financing statement may be filed before a security agreement is made or a\nsecurity interest otherwise attaches.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40679","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:48Z","sha256":"100d01eac9a072dd84358a84827c2124b4e92bb2f544c829b5483f76ae486d31","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.9-501","next":"us-ky/krs-355.9-503"},"notice":"GroundRules: Original legal text. Not legal advice."}