Ky. Rev. Stat. § 355.2A-514

Current through 2024 Ky. Acts ch. 225
Section 355.2A-514 - Waiver of lessee's objections
(1) In rejecting goods, a lessee's failure to state a particular defect that is ascertainable by reasonable inspection precludes the lessee from relying on the defect to justify rejection or to establish default:
(a) If, stated seasonably, the lessor or the supplier could have cured it (KRS 355.2A-513); or
(b) Between merchants if the lessor or the supplier after rejection has made a request in writing for a full and final written statement of all defects on which the lessee proposes to rely.
(2) A lessee's failure to reserve rights when paying rent or other consideration against documents precludes recovering of the payment for defects apparent in the documents.

KRS 355.2A-514

Amended by 2012 Ky. Acts ch. 132,§ 55, eff. 7/11/2012.
Created 1990 Ky. Acts ch. 363, sec. 61, effective 1/1/1991.