(1) A violation of KRS § 441.035 shall be deemed a Class A misdemeanor.
(2) No officer or employee of the authority shall have any interest, direct or indirect, in the sale or purchase of any bonds authorized by KRS § 441.625 to KRS § 441.695. Violation of this provision shall be punishable by a fine of not more than one thousand dollars ($1,000) or by imprisonment for not more than one (1) year, or both.

Attorney's Note

Under the Kentucky Statutes, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Class A misdemeanorup to 12 months up to $500
For details, see § 532.090

Terms Used In Kentucky Statutes 441.990


Effective: July 15, 1982
History: Amended 1982 Ky. Acts ch. 235, sec. 21, effective July 15, 1982. –Amended
1976 (1st Extra. Sess.) Ky. Acts ch. 12, sec. 13, effective January 1, 1978. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2229.