New Kentucky Law Allows Marinas To Enforce Possessory Liens On Personal Property

On April 13th SB186  sponsored by M. Wise was signed in to law. It is AN ACT relating to boat liens and creates a new section of KRS Chapter 376 to allow a marina to enforce a possessory lien on a boat; establish notification requirements for the enforcement of a possessory lien on a boat; establish sale requirements following judgment in favor of a marina to enforce a possessory lien on a boat.