Whenever a security interest is assigned as provided by KRS § 186.045(4), the county clerk shall enter the record of lien assignment into the system of record established under KRS
186A.195 in the manner directed by the Department of Vehicle Regulation.

Terms Used In Kentucky Statutes 186A.205 v2

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Statute: A law passed by a legislature.

Effective: January 1, 2025
History: Amended 2022 Ky. Acts ch. 18, sec. 10, effective January 1, 2025. — Amended 2003 Ky. Acts ch. 103, sec. 6, effective June 24, 2003. — Amended 1986
Ky. Acts ch. 118, sec. 100, effective July 1, 1987. — Created 1982 Ky. Acts ch. 164, sec. 38, effective July 15, 1982.
Legislative Research Commission Note (6/29/2023). The effective date of the amendments to this statute in 2022 Ky. Acts ch. 18, sec. 10, was changed from January 1, 2024, to January 1, 2025, in 2023 Ky. Acts ch. 6, sec. 7.
Legislative Research Commission Note (6/24/2003). Although the subsection relating to assignment of perfected security interests was deleted from KRS § 186.045 by 2000
Ky. Acts ch. 408, sec. 178, that Act failed to include a conforming amendment either to change the reference to that subsection in this section or to repeal this section in its entirety.