KRS 154.20-279: Limitation of liability for the Commonwealth and its agents.

The Commonwealth, the authority, or any officer, director, official, employee, or agent of

the Commonwealth or the authority shall not be liable to any investor, investment fund,

or investment fund manager as a result of KRS 154.20 -250 to 154.20 -284, or an y of the

activities authorized by KRS 154.20 -250 to 154.20 -284. This limitation of liability

includes, without limitation:

(1) Losses or damages investors incur in connection with any committed or contributed

cash contributions made to an investment fund o r any qualified investments made

by an investment fund in small businesses; and

(2) Any claim, liability, obligation, loss, damage, assessment, judgment, cost, and

expense of any kind or character relating to federal or state securities laws, rules,

regulations, or orders.