Kentucky Promissory Notes

Create a legally compliant Kentucky promissory note that complies with state usury limits and includes all required provisions. Choose the note type that fits your lending situation, fill out the guided form, and download your professional PDF for $7.99.

Secured Promissory Note

For loans backed by collateral such as a vehicle, property, or equipment. The lender can seize the collateral if the borrower defaults.

Complies with Kentucky usury limits (max 19%). Includes collateral description and default remedies.

Create Secured Promissory Note

Unsecured Promissory Note

For loans based solely on the borrower's promise to pay, with no collateral pledged. Common for personal and family loans.

Kentucky statute of limitations: 15 years. Max interest rate: 19%.

Create Unsecured Promissory Note

Installment Promissory Note

For loans repaid in fixed periodic payments over a set term. Includes a detailed payment schedule with amounts and due dates.

Includes amortization-ready payment terms compliant with Kentucky usury law (19% max rate).

Create Installment Promissory Note

Demand Promissory Note

Payable in full when the lender demands repayment. No fixed schedule or maturity date. Common for informal arrangements.

Payable on demand under Kentucky law. Includes usury savings clause and default provisions.

Create Demand Promissory Note

Kentucky Usury Law and Note Requirements

Max Interest Rate 19%

Rate Description 19% or 4% above Federal Reserve rate

Penalty for Exceeding Usury Limit Borrower can recover twice the excess interest

Statute of Limitations 15 years

Notarization Required Not required (recommended)

Witness Required Not required

Governing Agency Kentucky Circuit Courts

Kentucky usury law is governed by Kentucky Circuit Courts. The maximum allowable interest rate is 19% (19% or 4% above Federal Reserve rate). Penalties for exceeding the usury limit include: Borrower can recover twice the excess interest. The statute of limitations for enforcing a promissory note in Kentucky is 15 years. Notarization is not required but recommended. Our documents are designed to comply with Kentucky law and include all required provisions.

Create Your Kentucky Promissory Note

Usury-compliant, professionally formatted, and ready to sign. Download your PDF instantly for $7.99.

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