# KRS § 45A.015: 45A.015 General provisions of law applicable -- Obligation of good faith

> Kentucky · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.015

## Section

- **Citation:** KRS § 45A.015
- **Heading:** 45A.015 General provisions of law applicable -- Obligation of good faith
- **Jurisdiction:** Kentucky
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** KY Code / Title VI / Chapter 45A / Section 45A.015

## Text

45A.015 General provisions of law applicable -- Obligation of good faith.

(1) Unless displaced by the particular provisions of this code, the principles of law and

equity, including the Uniform Commercial Code, the law merchant, and law relative

to capacity to contract, agency, fraud, misrepresentation, duress, coercion, mistake,

and bankruptcy, shall supplement its provisions.

(2) Every contract or duty under this code shall impose an obligation of good faith in its

performance or enforcement. "Good faith" shall mean honesty in fact in the

conduct or transaction concerned and the observance of reasonable commercial

standards of fair dealing.

## Nearby sections

- [KRS § 45A.005 45A.005 Title](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.005.md)
- [KRS § 45A.010 45A.010 Construction -- Purposes and policies](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.010.md)
- [KRS § 45A.015 45A.015 General provisions of law applicable -- Obligation of good faith](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.015.md)
- [KRS § 45A.020 45A.020 Application of code -- Construction](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.020.md)
- [KRS § 45A.022 45A.022 Application of chapter to insurance contracts](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.022.md)
- [KRS § 45A.023 45A.023 Multiyear federal grant project agreements -- Legislative discontinuation](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.023.md)
- [KRS § 45A.025 45A.025 Determination](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.025.md)
- [KRS § 45A.030 45A.030 Definitions for code](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.030.md)
- [KRS § 45A.035 45A.035 Secretary to promulgate administrative regulations](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.035.md)
- [KRS § 45A.040 45A.040 Procurement activities -- Distribution](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.040.md)
- [KRS § 45A.045 45A.045 Authority of cabinet -- Authority to promulgate administrative regulations](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.045.md)
- [KRS § 45A.047 45A.047 Disposition of firearms or ammunition owned by state agency -- Disposition of proceeds upon sale -- Restriction on purchase of body armor for service animal](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.047.md)
- [KRS § 45A.050 45A.050 Centralization of procurement -- Exemptions -- Reciprocal preference for resident bidders](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.050.md)
- [KRS § 45A.055 45A.055 State purchasing regulations](https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.055.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KY_TVI_C45A_S45A.015. Check the current official text before relying on it. Not legal advice.