Kentucky Statutes 365.310 – Sales excluded from provisions of KRS 365.260 to 365.380
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The provisions of KRS § 365.260 to KRS § 365.380 shall not apply to a sale at wholesale or a sale at retail made:
(1) In an isolated transaction and not in the usual course of business;
(2) Where cigarettes are sold in a bona fide clearance sale for the purpose of discontinuing trade in the cigarettes;
(3) Where cigarettes are sold as imperfect or damaged;
(4) Where cigarettes are sold upon the final liquidation of a business; or
(5) Where cigarettes are sold by any fiduciary or other officer acting under the order or direction of any court.
Effective: July 13, 1990
History: Amended 1990 Ky. Acts ch. 280, sec. 6, effective July 13, 1990. — Created
1956 Ky. Acts ch. 243, sec. 6, effective May 18, 1956.
(1) In an isolated transaction and not in the usual course of business;
Terms Used In Kentucky Statutes 365.310
- Fiduciary: A trustee, executor, or administrator.
(2) Where cigarettes are sold in a bona fide clearance sale for the purpose of discontinuing trade in the cigarettes;
(3) Where cigarettes are sold as imperfect or damaged;
(4) Where cigarettes are sold upon the final liquidation of a business; or
(5) Where cigarettes are sold by any fiduciary or other officer acting under the order or direction of any court.
Effective: July 13, 1990
History: Amended 1990 Ky. Acts ch. 280, sec. 6, effective July 13, 1990. — Created
1956 Ky. Acts ch. 243, sec. 6, effective May 18, 1956.