KRS 365.447: Limitation on acquisition of permits for going out of business sales.

An individual, partnership, corporation, association, or other firm shall not acquire more

than two (2) going out of business sale permits during a four (4) year period, excluding

renewals awarded pursuant to KRS 365.445, unless the Attorney General determines after

investigation that there is a legitimate business purpose for awarding the applicant a

subsequent permit. The Attorney General may charge the applicant the cost of the

investigation. The Attorney General shall promulgate administrative regulatio ns setting

out the application to be used, the procedures to be followed, and the charges to be

assessed the applicant to initiate and conduct the investigation. The procedures to be used

shall include a process that meets due process requirements, includi ng an administrative

hearing conducted in accordance with KRS Chapter 13B.