Kentucky Statutes 286.6-991 – Penalties
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(1) Violation of KRS § 286.6-045 constitutes a misdemeanor punishable by a fine of not more than five hundred dollars ($500), by imprisonment for not more than one (1) year, or both.
(2) The commissioner may petition a court of competent jurisdiction to enjoin a violation of KRS § 286.6-045.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 747, effective July 15, 2010. — Created
1984 Ky. Acts ch. 408, sec. 65, effective July 13, 1984.
Formerly codified as KRS § 290.991.
Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286, and KRS references within this statute have been adjusted to conform with the 2006 renumbering of that code.
(2) The commissioner may petition a court of competent jurisdiction to enjoin a violation of KRS § 286.6-045.
Terms Used In Kentucky Statutes 286.6-991
- Commissioner: means the commissioner of financial institutions. See Kentucky Statutes 286.6-005
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Statute: A law passed by a legislature.
- Year: means calendar year. See Kentucky Statutes 446.010
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 747, effective July 15, 2010. — Created
1984 Ky. Acts ch. 408, sec. 65, effective July 13, 1984.
Formerly codified as KRS § 290.991.
Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286, and KRS references within this statute have been adjusted to conform with the 2006 renumbering of that code.