Kentucky Statutes 441.990 – Penalties
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(1) A violation of KRS § 441.035 shall be deemed a Class A misdemeanor.
(2) No officer or employee of the authority shall have any interest, direct or indirect, in the sale or purchase of any bonds authorized by KRS § 441.625 to KRS § 441.695. Violation of this provision shall be punishable by a fine of not more than one thousand dollars ($1,000) or by imprisonment for not more than one (1) year, or both.
For details, see § 532.090
Effective: July 15, 1982
History: Amended 1982 Ky. Acts ch. 235, sec. 21, effective July 15, 1982. –Amended
1976 (1st Extra. Sess.) Ky. Acts ch. 12, sec. 13, effective January 1, 1978. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2229.
(2) No officer or employee of the authority shall have any interest, direct or indirect, in the sale or purchase of any bonds authorized by KRS § 441.625 to KRS § 441.695. Violation of this provision shall be punishable by a fine of not more than one thousand dollars ($1,000) or by imprisonment for not more than one (1) year, or both.
Attorney's Note
Under the Kentucky Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class A misdemeanor | up to 12 months | up to $500 |
Terms Used In Kentucky Statutes 441.990
- Year: means calendar year. See Kentucky Statutes 446.010
Effective: July 15, 1982
History: Amended 1982 Ky. Acts ch. 235, sec. 21, effective July 15, 1982. –Amended
1976 (1st Extra. Sess.) Ky. Acts ch. 12, sec. 13, effective January 1, 1978. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2229.