In the administration of KRS § 367.110 to KRS § 367.300, the Attorney General may accept an assurance of voluntary compliance with respect to any method, act, or practice deemed to be violative of KRS § 367.110 to KRS § 367.300 from any person who has engaged or was about to engage in that method, act, or practice. This assurance shall be in writing and shall be filed with and subject to the approval of the Circuit Court in which the alleged violator resides or has his principal place of business, or the Franklin Circuit Court. An assurance of voluntary compliance shall not be considered an admission of violation for any purpose. It shall be a willful violation of KRS § 367.170 if a person who enters into an assurance of voluntary compliance fails to comply. Matters thus closed may at any time be reopened by the Attorney General for further proceedings in the public interest, pursuant to KRS § 367.190.
Effective: July 15, 1996
History: Amended 1996 Ky. Acts ch. 235, sec. 1, effective July 15, 1996. — Created
1972 Ky. Acts ch. 4, sec. 13.