{"data":{"id":"us-ky/krs-45a.015","jurisdiction":"us-ky","citation":"KRS 45A.015","heading":"General provisions of law applicable -- Obligation of good faith.","body":"(1) Unless displaced by the particular provisions of this code, the principles of law and\nequity, including the Uniform Commercial Code, the law merchant, and law relative\nto capacity to contract, agency, fraud, misrepresentation, duress, coercion, mistake,\nand bankruptcy, shall supplement its provisions.\n(2) Every contract or duty under this code shall impose an obligation of good faith in its\nperformance or enforcement.  \"Good faith\" shall mean honesty in fact in the\nconduct or transaction concerned and the o bservance of reasonable commercial\nstandards of fair dealing.","path":["KRS Chapter 45A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=22325","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:06Z","sha256":"fcd0f68c404bfe11c5981dba421fe1c6cd6e02f1b3617c04f7200e3fdb96a7df","source_id":"us-ky","stale":false,"prev":"us-ky/krs-45a.010","next":"us-ky/krs-45a.020"},"notice":"GroundRules: Original legal text. Not legal advice."}