Secured Transactions -- Sales of Accounts, Contract Rights, and Chattel Paper
KRS tit. XXIX, ch. 355, art. 9
in effectContents
section355.9-101. Short titlesection355.9-102. Definitions and index of definitionssection355.9-103. Purchase-money security interest -- Application of payments -- Burden of establishingsection355.9-104. Control of deposit accountsection355.9-105. Control of electronic copy of record evidencing chattel papersection355.9-106. Control of investment propertysection355.9-107. Control of letter-of-credit rightsection355.9-108. Sufficiency of descriptionsection355.9-109. Scopesection355.9-110. Security interests arising under Article 2 or 2Asection355.9-111. Repealed, 1992section355.9-112. Repealed, 2000section355.9-113. Repealed, 2000section355.9-114. Repealed, 2000section355.9-115. Repealed, 2000section355.9-116. Repealed, 2000section355.9-201. General effectiveness of security agreementsection355.9-202. Title to collateral immaterialsection355.9-203. Attachment and enforceability of security interest -- Proceeds -- Supporting obligations -- Formal requisitessection355.9-204. After-acquired property -- Future advancessection355.9-205. Use or disposition of collateral permissiblesection355.9-206. Security interest arising in purchase or delivery of financial assetsection355.9-207. Rights and duties of secured party having possession or control of collateralsection355.9-208. Additional duties of secured party having control of collateralsection355.9-209. Duties of secured party if account debtor has been notified of assignmentsection355.9-210. Request for accounting -- Request regarding list of collateral or statement of accountsection355.9-301. Law governing perfection and priority of security interestssection355.9-302. Law governing perfection and priority of agricultural lienssection355.9-303. Law governing perfection and priority of security interests in goods covered by a certificate of titlesection355.9-304. Law governing perfection and priority of security interests in deposit accountssection355.9-305. Law governing perfection and priority of security interests in investment propertysection355.9-306. Law governing perfection and priority of security interests in letter-of- credit rightssection355.9-307. Location of debtorsection355.9-308. When security interest or agricultural lien is perfected -- Continuity of perfectionsection355.9-309. Security interest perfected upon attachmentsection355.9-310. When filing required to perfect security interest or agricultural lien -- Security interests and agricultural liens to which filing provisions do not applysection355.9-311. Perfection of security interests in property subject to certain statutes, regulations, and treatiessection355.9-312. Perfection of security interests in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, negotiable documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money -- Perfection by permissive filing -- Temporary perfection without filing or transfer ofsection355.9-313. When possession by or delivery to secured party perfects security interest without filingsection355.9-314. Perfection by controlsection355.9-315. Secured party's rights on disposition of collateral and in proceedssection355.9-316. Continued perfection of security interest following change in governing lawsection355.9-317. Interests that take priority over or take free of security interest or agricultural liensection355.9-318. No interest retained in right to payment that is sold -- Rights and title of seller of account or chattel paper with respect to creditors and purchaserssection355.9-319. Rights and title of consignee with respect to creditors and purchaserssection355.9-320. Buyer of goodssection355.9-321. Licensee of general intangible and lessee of goods in ordinary course of businesssection355.9-322. Priorities among conflicting security interests in and agricultural liens on same collateralsection355.9-323. Future advancessection355.9-324. Priority of purchase-money security interestssection355.9-325. Priority of security interests in transferred collateralsection355.9-326. Priority of security interests created by new debtorsection355.9-327. Priority of security interests in deposit accountsection355.9-328. Priority of security interests in investment propertysection355.9-329. Priority of security interests in letter-of-credit rightsection355.9-330. Priority of purchaser of chattel paper or instrumentsection355.9-331. Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment tangibles, documents, instruments, and securities under other articles -- Priority of interests in financial assets and security entitlements and protection against assertion of claim under Articles 8 and 12section355.9-332. Transfer of money -- Transfer of funds from deposit accountsection355.9-333. Priority of certain liens arising by operation of lawsection355.9-334. Priority of security interests in fixtures and cropssection355.9-335. Accessionssection355.9-336. Commingled goodssection355.9-337. Priority of security interests in goods covered by certificate of titlesection355.9-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect informationsection355.9-339. Priority subject to subordinationsection355.9-340. Effectiveness of right of recoupment or set-off against deposit accountsection355.9-341. Bank's rights and duties with respect to deposit accountsection355.9-342. Bank's right to refuse to enter into or disclose existence of control agreementsection355.9-401. Alienability of debtor's rightssection355.9-401A. Repealed, 2000section355.9-402. Secured party not obligated on contract of debtor or in tortsection355.9-403. Agreement not to assert defenses against assigneesection355.9-404. Rights acquired by assignee -- Claims and defenses against assigneesection355.9-405. Modification of assigned contractsection355.9-406. Discharge of account debtor -- Notification of assignment -- Identification and proof of assignment -- Restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffectivesection355.9-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interestsection355.9-408. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffectivesection355.9-409. Restrictions on assignment of letter-of-credit rights ineffectivesection355.9-501. Filing officesection355.9-502. Contents of financing statement -- Record of mortgage as financing statement -- Time of filing financing statementsection355.9-503. Name of debtor and secured partysection355.9-504. Indication of collateralsection355.9-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactionssection355.9-506. Effect of errors or omissionssection355.9-507. Effect of certain events on effectiveness of financing statementsection355.9-508. Effectiveness of financing statement if new debtor becomes bound by security agreementsection355.9-509. Persons entitled to file a recordsection355.9-510. Effectiveness of filed recordsection355.9-511. Secured party of recordsection355.9-512. Amendment of financing statementsection355.9-513. Termination statementsection355.9-513A. Termination of wrongfully filed record -- Reinstatementsection355.9-514. Assignment of powers of secured party of recordsection355.9-515. Duration and effectiveness of financing statement -- Effect of lapsed financing statementsection355.9-516. What constitutes filing -- Effectiveness of filingsection355.9-516A. Administrative rejection of unauthorized recordssection355.9-517. Effect of indexing errorssection355.9-518. Claim concerning inaccurate or wrongfully filed recordsection355.9-519. Numbering, maintaining, and indexing records -- Communicating information provided in recordssection355.9-520. Acceptance and refusal to accept recordsection355.9-521. Uniform form of written financing statement and amendmentsection355.9-522. Maintenance and destruction of recordssection355.9-523. Information from filing office -- Sale or license of recordssection355.9-524. Delay by filing officesection355.9-525. Feessection355.9-526. Filing-office rulessection355.9-527. Duty to reportsection355.9-601. Rights after default -- Judicial enforcement -- Consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notessection355.9-602. Waiver and variance of rights and dutiessection355.9-603. Agreement on standards concerning rights and dutiessection355.9-604. Procedure if security agreement covers real property or fixturessection355.9-605. Unknown debtor or secondary obligorsection355.9-606. Time of default for agricultural liensection355.9-607. Collection and enforcement by secured partysection355.9-608. Application of proceeds of collection or enforcement -- Liability for deficiency and right to surplussection355.9-609. Secured party's right to take possession after defaultsection355.9-610. Disposition of collateral after defaultsection355.9-611. Notification before disposition of collateralsection355.9-612. Timeliness of notification before disposition of collateralsection355.9-613. Contents and form of notification before disposition of collateral: Generalsection355.9-614. Contents and form of notification before disposition of collateral: Consumer-goods transactionsection355.9-615. Application of proceeds of disposition -- Liability for deficiency and right to surplussection355.9-616. Explanation of calculation of surplus or deficiencysection355.9-617. Rights of transferee of collateralsection355.9-618. Rights and duties of certain secondary obligorssection355.9-619. Transfer of record or legal titlesection355.9-620. Acceptance of collateral in full or partial satisfaction of obligation -- Compulsory disposition of collateralsection355.9-621. Notification of proposal to accept collateralsection355.9-622. Effect of acceptance of collateralsection355.9-623. Right to redeem collateralsection355.9-624. Waiversection355.9-625. Remedies for secured party's failure to comply with articlesection355.9-626. Action in which deficiency or surplus is in issuesection355.9-627. Determination of whether conduct was commercially reasonablesection355.9-628. Nonliability and limitation on liability of secured party -- Liability of secondary obligorsection355.9-701. Effective datesection355.9-702. Savings clausesection355.9-703. Security interest perfected before effective datesection355.9-704. Security interest unperfected before effective datesection355.9-705. Effectiveness of action taken before effective datesection355.9-706. When initial financing statement suffices to continue effectiveness of financing statement -- Minor errors or omissionssection355.9-707. Amendment of pre-effective-date financing statementsection355.9-708. Persons entitled to file initial financing statement or continuation statementsection355.9-709. Prioritysection355.9-710. Duties of county clerksection355.9-801. Effective date of statutory changes contained in 2012 Ky. Acts ch. 132section355.9-802. Applicationsection355.9-803. Security interest perfected before effective datesection355.9-804. Security interest unperfected before effective datesection355.9-805. Effectiveness of action taken before effective datesection355.9-806. When initial financing statement suffices to continue effectiveness of financing statementsection355.9-807. Amendment of pre-effective-date financing statementsection355.9-808. Person entitled to file initial financing statement or continuation statementsection355.9-809. Prioritysection355.9-1051. Control of electronic moneysection355.9-1071. Control of controllable electronic record, controllable account, or controllable payment intangiblesection355.9-1072. No requirement to acknowledge or confirm -- No dutiessection355.9-3061. Law governing perfection and priority of security interests in chattel papersection355.9-3062. Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangiblessection355.9-3141. Perfection by possession and control of chattel papersection355.9-3261. Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/chapter.aspx?id=39012Fetched: 10/20/2026