Kentucky Statutes 45A.600 – Purchase of firearm by state employee — Use of proceeds from sale
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(1) (a) When an agency of Kentucky state government or a public university safety and security department organized pursuant to KRS § 164.950 transitions from the use of one (1) firearm owned by that agency to another, the agency may sell the firearm that is being replaced directly to an employee of the agency if:
1. The firearm was issued to the employee in the course of employment;
and
2. The employee is otherwise authorized by law to own or possess the firearm.
(b) 1. The agency shall notify employees of the intended replacement of firearms and that employees may purchase firearms pursuant to paragraph (a) of this subsection.
2. The employee desiring to purchase the firearm issued to the employee shall notify the head of the issuing agency of his or her intention not less than ten (10) days after receiving notice of the intended replacement.
(2) (a) Upon retirement from state employment, a state employee to whom a firearm has been issued during the course of employment may purchase the firearm which was issued during the course of employment if the employee is otherwise authorized to privately own or possess the firearm.
(b) The employee desiring to purchase the firearm issued to the employee shall notify the head of the issuing agency of such intention not less than thirty (30) days prior to the scheduled date of retirement.
(3) The purchase price shall be the fair market value determined by the Finance and Administration Cabinet, Division of Personal Property. The proceeds from the sale of the firearm shall be deposited to the credit of an agency account for the issuing agency and shall be used for the purpose of purchasing replacement firearms.
(4) Any firearms that are not purchased by employees or retirees shall be disposed of pursuant to KRS § 45A.047.
(5) This statute shall supersede other state laws with regard to the disposition of state property for the purpose stated in this section and for no other purpose.
Effective: June 24, 2015
History: Amended 2015 Ky. Acts ch. 20, sec. 1, effective June 24, 2015. — Created
1986 Ky. Acts ch. 58, sec. 1, effective July 15,1986.
Legislative Research Commission Note. Acts 1986, ch. 58, § 2 provides: KRS § 45A.600 shall be retroactive to January 1, 1985. An employee who retired on or after January
1, 1985 may, within sixty (60) days after July 15, 1986 apply to the agency from which he retired to purchase the handgun which was issued to him subject to the conditions of subsection (2) of KRS § 45A.600 and the availability of the handgun.
1. The firearm was issued to the employee in the course of employment;
Terms Used In Kentucky Statutes 45A.600
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Personal property: All property that is not real property.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Statute: A law passed by a legislature.
and
2. The employee is otherwise authorized by law to own or possess the firearm.
(b) 1. The agency shall notify employees of the intended replacement of firearms and that employees may purchase firearms pursuant to paragraph (a) of this subsection.
2. The employee desiring to purchase the firearm issued to the employee shall notify the head of the issuing agency of his or her intention not less than ten (10) days after receiving notice of the intended replacement.
(2) (a) Upon retirement from state employment, a state employee to whom a firearm has been issued during the course of employment may purchase the firearm which was issued during the course of employment if the employee is otherwise authorized to privately own or possess the firearm.
(b) The employee desiring to purchase the firearm issued to the employee shall notify the head of the issuing agency of such intention not less than thirty (30) days prior to the scheduled date of retirement.
(3) The purchase price shall be the fair market value determined by the Finance and Administration Cabinet, Division of Personal Property. The proceeds from the sale of the firearm shall be deposited to the credit of an agency account for the issuing agency and shall be used for the purpose of purchasing replacement firearms.
(4) Any firearms that are not purchased by employees or retirees shall be disposed of pursuant to KRS § 45A.047.
(5) This statute shall supersede other state laws with regard to the disposition of state property for the purpose stated in this section and for no other purpose.
Effective: June 24, 2015
History: Amended 2015 Ky. Acts ch. 20, sec. 1, effective June 24, 2015. — Created
1986 Ky. Acts ch. 58, sec. 1, effective July 15,1986.
Legislative Research Commission Note. Acts 1986, ch. 58, § 2 provides: KRS § 45A.600 shall be retroactive to January 1, 1985. An employee who retired on or after January
1, 1985 may, within sixty (60) days after July 15, 1986 apply to the agency from which he retired to purchase the handgun which was issued to him subject to the conditions of subsection (2) of KRS § 45A.600 and the availability of the handgun.