Ky. Rev. Stat. § 534.060

Current through 2024 Ky. Acts ch. 225

Section 534.060 - Consequence of failure to pay fines imposed on corporations

When a fine is imposed on a corporation, it is the duty of the person or persons authorized to make disbursement of the assets of the corporation and their superiors to pay the fine from assets of the corporation. The failure of such persons to do so shall render them subject to imprisonment under subsections (1) and (2) of this section.

KRS 534.060

Amended by 2017 Ky. Acts ch. 158,§ 5, eff. 6/29/2017.

Amended by 2012 Ky. Acts ch. 156,§ 4, eff. 7/11/2012.

Created 1974 Ky. Acts ch. 406, sec. 295, effective 1/1/1975.