state_legiscan_drain · KY
AN ACT relating to products that offer benefits in connection with personal property.
February 3, 2026
Summary
If enacted, this bill would establish regulatory requirements for vehicle financial protection products (VFPPs) in Kentucky, defining them as not insurance and prohibiting lenders from conditioning credit on their purchase. The bill sets specific requirements for debt waivers and vehicle value protection agreements, and would apply to VFPPs effective January 1, 2027.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://apps.legislature.ky.gov/record/26RS/sb158.html
Common questions
- What does "AN ACT relating to products that offer benefits in connection with personal property." cover?
- If enacted, this bill would establish regulatory requirements for vehicle financial protection products (VFPPs) in Kentucky, defining them as not…
- When was it published?
- It was published on February 3, 2026.
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