KRS 273.991: Additional penalties for violation of KRS 506.010, 506.030, 506.040,
Where this section sits in the code
- KRS Chapter 273
521.020, or 521.050.
(1) If a domestic nonprofit 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 o f the
corporation violates any of those sections under circumstances which bring
corporate liability under KRS 502.050(1)(b), the court shall order that the charter of
the nonprofit corporation be suspended for a period of not more than five (5) years
for a first offense, ten (10) years for a second offense, and permanently for a third or
subsequent offense.
(2) If a foreign nonprofit corporation is convicted of violating any section specified in
subsection (1) of this section, or if an officer, employee, o r agent of the corporation
violates any of those sections under circumstances which bring corporate liability
under KRS 502.050(1)(b), the court shall order that the nonprofit corporation not be
permitted to do business in Kentucky for the appropriate peri od 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.
Collected 2026-09-05T20:53:25Z. Source file · JSON