Section 186A.200 - [Effective Until 1/1/2025] Time period for presentation of title and title lien statement(1) With respect to a vehicle previously titled in the name of its debtor, the secured party shall, within thirty (30) days after execution of the security agreement, obtain the current certificate of title in the name of the debtor, with no more than one (1) prior lien indicated thereon, and present to the county clerk the certificate of title, which the secured party shall have the right to obtain from the debtor, together with the title lien statement and the required fees in KRS 186A.190 to the county clerk.(2) For failure to present both the title and title lien statement within the time prescribed by subsection (1) of this section, the secured party shall pay a penalty of two dollars ($2) to the county clerk as a prerequisite for noting the security interest on the title.(3) The county clerk shall enter the information required by KRS 186A.190(9) into the automated system.(4) The county clerk shall record upon the title in the appropriate section the information designated by KRS 186A.190(9).Amended by 2020 Ky. Acts ch. 119,§ 3, eff. 7/14/2020.Amended by 2017 Ky. Acts ch. 31,§ 3, eff. 6/29/2017.Amended by 2016 Ky. Acts ch. 118,§ 3, eff. 7/14/2016.Effective:7/1/2001
Amended 2000, Ky. Acts ch. 408, sec. 182, effective7/1/2001. -- Amended 1998, Ky. Acts ch. 128, sec. 13, effective 7/15/1998. -- Amended 1996, Ky. Acts ch. 297, sec. 3, effective 7/15/1996. -- Amended 1986 Ky. Acts ch. 118, sec. 99, effective 7/1/1987. -- Created 1982 Ky. Acts ch. 164, sec. 37, effective 7/15/1982.This section is set out more than once due to postponed, multiple, or conflicting amendments.