Kentucky Statutes 243.660 – Pledging or granting of security interest in any licenses prohibited
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No person shall pledge or grant a security interest in any license. This type of pledge or security interest and any contract providing for the pledge or security interest shall be void.
Effective:June 29, 2017
History: Amended 2017 Ky. Acts ch. 62, sec. 86, effective June 29, 2017. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2554b-161.
Effective:June 29, 2017
Terms Used In Kentucky Statutes 243.660
- Contract: A legal written agreement that becomes binding when signed.
History: Amended 2017 Ky. Acts ch. 62, sec. 86, effective June 29, 2017. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2554b-161.