{"data":{"id":"us-ky/krs-355.9-503","jurisdiction":"us-ky","citation":"KRS 355.9-503","heading":"Name of debtor and secured party.","body":"(1) A financing statement sufficiently provides the name of the debtor:\n(a) Except as otherwise provided in paragraph (c) of this subsection, if the debtor\nis a registered organization, or the collateral is held in a trust that is a\nregistered organization, only if the financing statement provides the name that\nis stated to be the registered organization's name on the public organic\nrecordmost recently filed with or issued or enacted by the registered\norganization's jurisdiction of organization which purports t o state, amend, or\nrestate the registered organization's name;\n(b) Subject to subsection (6) of this section, if the collateral is being administered\nby the personal representative of a decedent, only if the financing statement\nprovides, as the name of the  debtor, the name of the decedent and, in a\nseparate part of the financing statement, indicates that the collateral is being\nadministered by a personal representative;\n(c) If the collateral is held in a trust that is not a registered organization, only if\nthe financing statement:\n1. Provides, as the name of the debtor:\na. If the organic record of the trust specifies a name for the trust, the\nname so specified; or\nb. If the organic record of the trust does not specify a name for the\ntrust, the name of the settlor or testator; and\n2. In a separate part of the financing statement:\na. If the name is provided in accordance with subparagraph 1.a. of\nthis paragraph, indicates that the collateral is held in a trust; or\nb. If the name is provided in accordance with s ubparagraph 1.b. of\nthis paragraph, provides additional information sufficient to\ndistinguish the trust from other trusts having one (1) or more of the\nsame settlors or the same testator and indicates that the collateral is\nheld in a trust, unless the additional information so indicates;\n(d) Subject to subsection (7) of this section, if the debtor is an individual to whom\nthis state has issued an operator's license that has not expired, only if the\nfinancing statement provides the name of the individual whi ch is indicated on\nthe operator's license;\n(e) If the debtor is an individual to whom paragraph (d) of this subsection does\nnot apply, only if the financing statement provides the individual name of the\ndebtor or the surname and first personal name of the debtor; and\n(f) In other cases:\n1. If the debtor has a name, only if the financing statement provides the\norganizational name of the debtor; and\n2. If the debtor does not have a name, only  if it provides the names of the\npartners, members, associates, or other persons comprising the debtor, in\na manner that each name provided would be sufficient if the person\nnamed were the debtor.\n(2) A financing statement that provides the name of the deb tor in accordance with\nsubsection (1) of this section is not rendered ineffective by the absence of:\n(a) A trade name or other name of the debtor; or\n(b) Unless required under subsection (1)(f)2. of this section, names of partners,\nmembers, associates, or other persons comprising the debtor.\n(3) A financing statement that provides only the debtor's trade name does not\nsufficiently provide the name of the debtor.\n(4) Failure to indicate the representative capacity of a secured party or representative of\na secured party does not affect the sufficiency of a financing statement.\n(5) A financing statement may provide the name of more than one (1) debtor and the\nname of more than one (1) secured party.\n(6) The name of the decedent indicated on the order appointing  the personal\nrepresentative of the decedent issued by the court having jurisdiction over the\ncollateral is sufficient as the \"name of the decedent\" under subsection (1)(b) of this\nsection.\n(7) If this state has issued to an individual more than one (1) operator's license of a kind\ndescribed in subsection (1)(d) of this section, the one that was issued most recently\nis the one to which subsection (1)(d) of this section refers.\n(8) The \"name of the settlor or testator\" means:\n(a) If the settlor is a register ed organization, the name of the registered\norganization indicated on the public organic record filed with or issued or\nenacted by the registered organization's jurisdiction of organization; or\n(b) In other cases, the name of the settlor or testator indicated in the trust's organic\nrecord.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40680","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:48Z","sha256":"e900bd830199ae975070bf2dcc362ced7db692a2210cd1f613e2c327da5356e3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.9-502","next":"us-ky/krs-355.9-504"},"notice":"GroundRules: Original legal text. Not legal advice."}