KRS 138.462 — Definitions for KRS 138.463 and 138.4631

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 shar ing
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 ch arge" means the amount paid by a customer for time and mileage
only.