A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:
(1) A description of the collateral pursuant to KRS § 355.9-108; or

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Kentucky Statutes 355.9-504

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Personal property: All property that is not real property.

(2) An indication that the financing statement covers all assets or all personal property.
Effective: July 1, 2001
History: Repealed and reenacted 2000 Ky. Acts ch. 408, sec. 95, effective July 1, 2001.
— Amended 1986 Ky. Acts ch. 118, sec. 84, effective July 1, 1987. — Created 1958
Ky. Acts ch. 77, sec. 9-504, effective July 1, 1960.