For the purpose of this chapter the following definitions shall apply unless the context clearly indicates or requires a different meaning.
"REPOSSESSION." The peaceful taking of possession, by a secured party or its agents, of a motor vehicle as collateral upon default of the debtor under the authority of KRS Ch. 355.
"SECURED PARTY." A person, firm, or corporation holding a security interest in the motor vehicle to be repossessed and having the right to possess the vehicle under the provisions of KRS Ch. 355.
(Ord. O-25-79, passed 8-28-79)
"VEHICLE." All agencies for the transportation of persons or property over or upon the public highways of this city, all vehicles passing over or upon these highways, and all vehicles propelled by power other than muscular power, excepting road rollers, road graders, farm tractors, vehicles on which power shovels are mounted, such other construction equipment customarily used only on the site of construction and which is not practical for the transportation of persons or property upon the highways, such vehicles as travel exclusively upon rails, such vehicles as are propelled by electric power obtained from overhead wires while being operated within the municipality or where the vehicles do not travel more than five miles beyond the city limit, vehicles propelled by muscular power, and electric low-speed scooters.
(KRS 189.010 (19))