KRS 15.824: Penalty imposed upon payor for tender of dishonored check.
Where this section sits in the code
- KRS Chapter 15
If any check tendered to the Office of the Attorney General is not paid when presented to
the drawee bank for payment, there shall be paid as a penalty by the payor who tende red
the check, or the payor for whom the check was tendered, upon notice and demand of the
office, an amount equal to ten percent (10%) of the check. The penalty under this section
shall not be less than ten dollars ($10) or more than twenty-five dollars ($25). If the payor
who tendered the check shows to the Office of the Attorney General's satisfaction that the
failure to honor payment of the check resulted from error by parties other than the payor,
the office shall waive the penalty.
Collected 2026-09-05T20:48:34Z. Source file · JSON