Kentucky Statutes 355.9-802 – Application
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(1) Except as otherwise provided in this article, this article applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2013.
(2) KRS § 355.9-801 to KRS § 355.9-809 do not affect an action, case, or proceeding commenced before July 1, 2013.
Effective: July 1, 2013
History: Created 2012 Ky. Acts ch. 132, sec. 92, effective July 1, 2013.
Legislative Research Commission Note (3/14/2013). 2013 Ky. Acts ch. 10, secs. 2 and
3 provide that the statutes in Article 9 of the Uniform Commercial Code that were amended or created in 2012 Ky. Acts ch. 132, secs. 60 to 99, are effective July 1,
2013. This statute was one of those sections. Since only the effective date of a prior Act was altered, and not the text of the affected statutes, reference to 2013 Ky. Acts ch. 10 does not appear in the history for this statute.
(2) KRS § 355.9-801 to KRS § 355.9-809 do not affect an action, case, or proceeding commenced before July 1, 2013.
Terms Used In Kentucky Statutes 355.9-802
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
- Lien: A claim against real or personal property in satisfaction of a debt.
- Statute: A law passed by a legislature.
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
Effective: July 1, 2013
History: Created 2012 Ky. Acts ch. 132, sec. 92, effective July 1, 2013.
Legislative Research Commission Note (3/14/2013). 2013 Ky. Acts ch. 10, secs. 2 and
3 provide that the statutes in Article 9 of the Uniform Commercial Code that were amended or created in 2012 Ky. Acts ch. 132, secs. 60 to 99, are effective July 1,
2013. This statute was one of those sections. Since only the effective date of a prior Act was altered, and not the text of the affected statutes, reference to 2013 Ky. Acts ch. 10 does not appear in the history for this statute.