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OAG 78-423 is cited in the decision to clarify the legislative intent behind KRS 186.045(3), which concerns the filing of financing statements for motor vehicles. The citation is used to support the opinion that the statute, if enforced as written, would contradict the broader legislative policy governing secured transactions under KRS Chapter 355. This previous opinion is used to argue that the county clerk should not refuse to file a financing statement even if presented after the 15-day period stipulated by KRS 186.045(3).
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Disclaimer:
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.
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