Kentucky Statutes 355.2A-301 – Enforceability of lease contract
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Except as otherwise provided in this article, a lease contract is effective and enforceable according to its terms between the parties, against purchasers of the goods and against creditors of the parties.
Effective: January 1, 1991
History: Created 1990 Ky. Acts ch. 363, sec. 31, effective January 1, 1991.
Effective: January 1, 1991
Terms Used In Kentucky Statutes 355.2A-301
- Contract: A legal written agreement that becomes binding when signed.
- Goods: means all things that are movable at the time of identification to the lease contract, or are fixtures (KRS §. See Kentucky Statutes 355.2A-103
History: Created 1990 Ky. Acts ch. 363, sec. 31, effective January 1, 1991.