Last Action | 04/24/20: signed by Governor (Acts Ch. 119) |
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Title | AN ACT relating to security interests. |
Bill Documents |
Current/Final
Introduced |
Bill Request Number | 56 |
Sponsors | R. Bridges, J. Petrie, B. McCool, M. Prunty |
Summary of Original Version | Amend KRS 186A.120, regarding notation of security interest on a certificate of title, to establish that the county of residence designated by the debtor shall be relied upon in the titling process and that reliance shall relieve motor vehicle dealers, assignee lenders, secured parties, and county clerks from liability from third parties; establish when a security interest is deemed to be perfected; amend KRS 186A.195 and 186A.200 to conform. |
Index Headings of Original Version |
County Clerks - Vehicle titles, reliance on debtor's county of residence designation, release from liability for County Clerks - Vehicle titles, security interests, perfection of Liens - Vehicle titles, reliance on debtor's county of residence designation, release from liability for Liens - Vehicle titles, security interests, perfection of Motor Vehicles - Vehicle titles, reliance on debtor's county of residence designation, release from liability for Motor Vehicles - Vehicle titles, security interests, perfection of Transportation - Vehicle titles, reliance on debtor's county of residence designation, release from liability for Transportation - Vehicle titles, security interests, perfection of |
Jump to Proposed Amendments | House Committee Substitute 1 |
Votes | Vote History |
02/10/20 |
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02/12/20 |
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02/20/20 |
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02/25/20 |
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02/26/20 |
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02/27/20 |
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03/02/20 |
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03/03/20 |
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03/05/20 |
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03/18/20 |
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03/19/20 |
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04/15/20 |
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04/24/20 |
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Amendment | House Committee Substitute 1 |
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Summary | Retain original provisions; make technical corrections. |
Index Headings | Technical Corrections - HB 411 |
Last updated: 10/27/2020 12:10 PM (EDT)
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