Kentucky Statutes 286.9-991 – Civil penalty for violation of subtitle
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(1) The commissioner may levy a civil penalty against a person who violates any provision of, or administrative regulation promulgated under, this subtitle or any order issued by the commissioner under this subtitle.
(2) The civil penalty shall be not less than one thousand dollars ($1,000) or more than five thousand dollars ($5,000) per violation for each day the violation is outstanding, plus the state‘s costs and expenses for the examination, investigation, and prosecution of this matter, including reasonable attorney‘s fees and court costs.
(3) Any civil penalties imposed may be in addition to any other remedy or penalty imposed in this subtitle.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 821, effective July 15, 2010. — Created
2009 Ky. Acts ch. 98, sec. 9, effective January 1, 2010.
(2) The civil penalty shall be not less than one thousand dollars ($1,000) or more than five thousand dollars ($5,000) per violation for each day the violation is outstanding, plus the state‘s costs and expenses for the examination, investigation, and prosecution of this matter, including reasonable attorney‘s fees and court costs.
Terms Used In Kentucky Statutes 286.9-991
- Attorney: means attorney-at-law. See Kentucky Statutes 446.010
- Commissioner: means the commissioner of the Department of Financial
Institutions. See Kentucky Statutes 286.1-010 - Person: means a natural person, or any type or form of corporation, company, partnership, proprietorship, association, or other legal entity. See Kentucky Statutes 286.1-010
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
(3) Any civil penalties imposed may be in addition to any other remedy or penalty imposed in this subtitle.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 821, effective July 15, 2010. — Created
2009 Ky. Acts ch. 98, sec. 9, effective January 1, 2010.