{"data":{"id":"us-ky/krs-381.9159","jurisdiction":"us-ky","citation":"KRS 381.9159","heading":"Rights of secured lenders.","body":"The declaration may require that all or a specified number or percentage of the\nmortgagees encumbering the units approve specified actions of the unit owners or the\nassociation as a condition to the effectiveness of those actions, but a requirement for\napproval shall not operate to:\n(1) Deny or delegate control over the general administrative affairs of the association\nby the unit owners or the executive board; or\n(2) Prevent the association or the executive board from commencing, intervening in, or\nsettling any litigation or proceeding, or receiving and distributing any insurance\nproceeds except as provided in KRS 381.9187.","path":["KRS Chapter 381"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=36843","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:12Z","sha256":"ea077faf9f3e663e1b3c558a74b55993cf619c4921d9cf2148f0b1c5f8a6c767","source_id":"us-ky","stale":false,"prev":"us-ky/krs-381.9157","next":"us-ky/krs-381.9161"},"notice":"GroundRules: Original legal text. Not legal advice."}