1. (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. (2) When a security interest has been discharged as provided by KRS 186.045(4), the county clerk shall, upon receiving a termination statement, within five (5) days enter the record of termination into the system of record established under KRS 186A.195, and take such other action with respect to a termination as is directed by the Department of Vehicle Regulation.

Effective: January 1, 2025

History: Amended 2022 Ky. Acts ch. 18, sec. 11, effective January 1, 2025. -- 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 (6/29/2023). The effective date of the amendments to this statute in 2022 Ky. Acts ch. 18, sec. 11, was changed from January 1, 2024, to January 1, 2025, in 2023 Ky. Acts ch. 6, sec. 7. 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.