Kentucky Statutes 286.2-990 – Civil penalty for violation of subtitle
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Unless otherwise specifically provided for in this subtitle, the commissioner may levy a civil penalty against any person who violates any provision of this subtitle, any administrative regulation promulgated under this subtitle, or any order issued by the commissioner under this subtitle. The civil penalty shall be not less than one thousand dollars ($1,000) nor more than five thousand dollars ($5,000) per violation, plus the state‘s costs and expenses for the examination, investigation, and prosecution of the matter, including reasonable attorney‘s fees and court costs.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 615, effective July 15, 2010. — Created
2009 Ky. Acts ch. 104, sec. 26, effective June 25, 2009.
Effective: July 15, 2010
Terms Used In Kentucky Statutes 286.2-990
- Attorney: means attorney-at-law. See Kentucky Statutes 446.010
- Commissioner: means the commissioner of the Department of Financial
Institutions. See Kentucky Statutes 286.1-010 - Person: means a natural person, or any type or form of corporation, company, partnership, proprietorship, association, or other legal entity. See Kentucky Statutes 286.1-010
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
History: Amended 2010 Ky. Acts ch. 24, sec. 615, effective July 15, 2010. — Created
2009 Ky. Acts ch. 104, sec. 26, effective June 25, 2009.