138.462 Definitions for KRS 138.463 and 138.4631.

141 words·~1 min read·/ky/chapter-138/138-462

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

As used in KRS 138.463 and 138.4631, unless the context requires otherwise:

(1)"Cabinet" means the Transportation Cabinet;

(2)"Rent" and "rental" means a contract, other than a peer-to-peer car sharing program

agreement as defined in KRS 281.010 or a car sharing program agreement as

defined in KRS 365.520, supported by a consideration, for the use of a motor

vehicle for a period of less than three hundred sixty-five

(365)days;

(3)"Lease" and "leasing" means a contract, other than a peer-to-peer car sharing

program agreement as defined in KRS 281.010 or a car sharing program agreement

as defined in KRS 365.520, supported by a consideration, for the use of a motor

vehicle for a period of three hundred sixty-five

(365)days or more; and

(4)"Gross rental charge" means the amount paid by a customer for time and mileage

only.