KRS 271B.18-070: Additional penalties for violation of KRS 506.010, 506.030, 506.040,

521.020, or 521.050.

(1) If a domestic corporation is convicted of a violation of KRS 506.010, 506.030,

506.040, 521.020, or 521.050, or if an officer, employee, or agent of the corporation

is convicted of violating any section specified above under circumstances which

bring corporate liability under KRS 502.050(1)(b), the court shall order that the

charter of the corporation be suspended for a period of not more than five (5) yea rs

for a first offense, ten (10) years for a second offense, and permanently for a third or

subsequent offense.

(2) If a foreign corporation is convicted of a violation of any section specified in

subsection (1) of this section, or if an officer, employee, or agent of the corporation

is convicted of violating any section specified in subsection (1) of this section under

circumstances which bring corporate liability under KRS 502.050(1)(b), the court

shall order that the corporation not be permitted to do bu siness in Kentucky for the

appropriate period specified in subsection (1) of this section.

(3) The penalties specified in this section shall be in addition to any other penalty

specified by law for the commission of the offenses listed in subsection (1) of this

section.