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Current as of January 01, 2024 | Updated by FindLaw Staff
(1) When a security interest has been discharged under the provisions of KRS 186.045(3), the county clerk shall discharge the security interest and remove the lien information from AVIS.
(2) When a security interest has been discharged as provided by KRS 186.045(4), the county clerk of a county that is operating under automated procedures shall, upon receiving a termination statement, within five (5) days enter the record of termination into the automated system. The automated system shall be programmed to allow a county clerk in a county where the termination statement was not received to access the automated system to determine the county and date that the record of termination was entered into the automated system. The clerk of the county where the termination statement was received shall then release the lien recorded upon the title in the manner directed by the Department of Vehicle Regulation, and take such other action with respect to a termination as is directed by the Department of Vehicle Regulation.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XVI. Motor Vehicles § 186A.210.Clerk to release lien assignment (Effective until January 1, 2025) - last updated January 01, 2024 | https://codes.findlaw.com/ky/title-xvi-motor-vehicles/ky-rev-st-sect-186a-210/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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