Except as provided in KRS 355.11-031 to 355.11-036, a transaction validly entered into before January 1, 2025, and the rights, duties, and interests flowing from the transaction remain valid thereafter and may be terminated, completed, consummated, or enforced as required or permitted by law other than this chapter or, if applicable, this chapter, as though 2024 Ky Acts ch. 10 had not taken effect.
KRS 355.11-021
General transactional provision -- Savings clause
Known as the Transitional Provisions for Uniform Commercial Code
The act spans §§ 355.11-011 to 355.11-108 (16 sections).
Effective: January 1, 2025 History: Created 2024 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.