186A.210 Clerk to release lien assignment. - Kentucky Statutes

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186A.210 Clerk to release lien assignment. (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. Effective: June 24, 2003
History: Amended 2003 Ky. Acts ch. 103, sec. 3, effective June 24, 2003. -- Amended 1986 Ky. Acts ch. 118, sec. 101, effective July 1, 1987. -- Created 1982 Ky. Acts
ch. 164, sec. 39, effective July 15, 1982. Legislative Research Commission Note (6/24/2003). 2000 Ky. Acts ch. 408, sec. 178, renumbered the former subsection (2) of KRS 186.045 as subsection (1), but that Act
failed to include a conforming amendment to change the reference to that subsection
in former subsection (1) of this statute. Under KRS 7.136(1)(e), that change has now
been made.