Kentucky Statutes 367.840 – KRS 367.841 to 367.844 to be construed liberally — Purposes
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KRS § 367.841 to KRS § 367.844 shall be liberally construed and applied to promote the underlying purposes of KRS § 367.841 to KRS § 367.844, which purposes are:
(1) To protect consumers who buy or lease new motor vehicles that do not conform to applicable warranties by holding manufacturers accountable for certain nonconformities;
(2) To limit the number of attempts and the amount of times that a manufacturer or its agents shall have to cure such nonconformities; and
(3) To require manufacturers to provide, in as expeditious a manner as possible, a refund, not to exceed the amount in KRS § 367.842, or replacement vehicle that is acceptable to the aggrieved consumer when the manufacturer or its agents fail to cure any nonconformity within the specified limits.
Effective: July 15, 1998
History: Amended 1998 Ky. Acts ch. 54, sec. 1, effective July 15, 1998. — Created
1986 Ky. Acts ch. 387, sec. 1, effective July 15, 1986.
(1) To protect consumers who buy or lease new motor vehicles that do not conform to applicable warranties by holding manufacturers accountable for certain nonconformities;
Terms Used In Kentucky Statutes 367.840
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(2) To limit the number of attempts and the amount of times that a manufacturer or its agents shall have to cure such nonconformities; and
(3) To require manufacturers to provide, in as expeditious a manner as possible, a refund, not to exceed the amount in KRS § 367.842, or replacement vehicle that is acceptable to the aggrieved consumer when the manufacturer or its agents fail to cure any nonconformity within the specified limits.
Effective: July 15, 1998
History: Amended 1998 Ky. Acts ch. 54, sec. 1, effective July 15, 1998. — Created
1986 Ky. Acts ch. 387, sec. 1, effective July 15, 1986.