KRS 138.885: Personal and individual liability of officers of corporation subject to KRS

138.870 to 138.889.

The president, vice president, secretary, treasurer, or any other person holding any

equivalent corporate office of any corporation subject to the provisio ns of KRS 138.870

to 138.889, shall be personally and individually liable, both jointly and severally, for the

tax, penalty, and interest imposed under KRS 138.872 and 138.889, and neither the

corporate dissolution nor withdrawal of the corporation from the state nor the cessation of

holding any corporate office shall discharge the liability of any person. The personal and

individual liability shall apply to each and every person holding the corporate office at the

time the tax becomes or became due. No per son shall be personally and individually

liable pursuant to KRS 138.870 to 138.889 who had no authority in the management of

the business or financial affairs of the corporation at the time that the tax imposed by

KRS 138.872 becomes or became due.