For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Agreement on standards concerning rights and duties

KRS 355.9-603
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
355.9-603. Agreement on standards concerning rights and duties (1) The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the duties of a secured party under a rule stated in KRS 355.9-602 if the standards are not manifestly unreasonable. (2) Subsection (1) of this section does not apply to the duty under KRS 355.9-609 to refrain from breaching the peace. Effective: July 1, 2001 History: Created 2000 Ky. Acts ch. 408, sec. 121, effective July 1, 2001.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33835Fetched: 10/20/2026

Starting a business in Kentucky? Kentucky LLC guide: costs and requirements