A legislator or candidate by himself, or through others, shall not intentionally undertake, execute, hold, or enjoy, in whole or in part, any contract, agreement, sale, or purchase of the value of one hundred dollars ($100) or more per transaction, made, entered into, awarded, or granted by any state agency, except:
(1) Contracts, agreements, sales, or purchases between a state agency and a business in which the legislator and his spouse, collectively, own or control an interest of five percent (5%) or less;

Attorney's Note

Under the Kentucky Statutes, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Class D felonybetween 1 and 5 yearsbetween $1,000 and $10,000
For details, see § 532.060

Terms Used In Kentucky Statutes 6.737

  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010

(2) Contracts, agreements, sales, or purchases made or let after public notice and competitive bidding;
(3) Contracts, agreements, sales, or purchases which are available on similar terms to members of the legislator’s business, occupation, or profession; or
(4) Contracts or agreements entered into prior to the time the legislator became a candidate.
Violation of this section is a Class D felony, and the court upon conviction may void the contract, agreement, sale, or purchase violating this provision.
Effective: September 16, 1993
History: Created 1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 8, effective September 16,
1993.