{"data":{"id":"us-ky/krs-371.065","jurisdiction":"us-ky","citation":"KRS 371.065","heading":"Requirements for valid, enforceable guaranty.","body":"(1) No guaranty of an indebtedness which either is not written on, or does not expressly\nrefer to, the instrument or instruments being guaranteed shall be valid or\nenforceable unless it is in writing signed by the guarantor and contains provisions\nspecifying t he amount of the maximum aggregate liability of the guarantor\nthereunder, and the date on which the guaranty terminates. Termination of the\nguaranty on that date shall not affect the liability of the guarantor with respect to:\n(a) Obligations created or incurred prior to the date; or\n(b) Extensions or renewals of, interest accruing on, or fees, costs or expenses\nincurred with respect to, the obligations on or after the date.\n(2) Notwithstanding any other provision of this section, a guaranty may, in additio n to\nthe maximum aggregate liability of the guarantor specified therein, guarantee\npayment of interest accruing on the guaranteed indebtedness, and fees, charges and\ncosts of collecting the guaranteed indebtedness, including reasonable attorneys' fees,\nwithout specifying the amount of the interest, fees, charges and costs.","path":["KRS Chapter 371"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35226","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:07Z","sha256":"4e3488b8f1a4b70aa300acf83f6e30e7c5b78bdb055fda54d7ea3f6f636f15e9","source_id":"us-ky","stale":false,"prev":"us-ky/krs-371.060","next":"us-ky/krs-371.070"},"notice":"GroundRules: Original legal text. Not legal advice."}