KRS 367.968: Liability of officers, owners, directors and shareholders of companies

subject to KRS 367.932 to 367.974 and 367.991.

(1) Officers, owners, directors and shareholders of companies subject to the provisions

of KRS 367.932 to 367.974 and 367.991 who knew of failure to comply with any of

the trust provisions of KRS 367.932 to 367.974 and 367.991 and who fail to take

prompt and reasonable actions to correct, including notification to the Attorney

General's office, shall be personally liable, jointly and se verally, for the deficiency

existing in the trust funds and for any other civil remedy allowed by law.

(2) In addition to the liabilities declared, the person who brings suit and recovers from

an owner, officer, director, or shareholder of a company, shall also recover his

reasonable attorney's fees, the amount to be fixed and adjudged by the court before

whom the case is tried.