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Kentucky · Snapshot 09/05/2026

KRS 45A.863: Antinepotism provisions.

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  1. KRS Chapter 45A

(1) A person shall not serve on an underwriter or bond counsel selection committee if

that person, his spouse, either of his parents, any of his siblings, or any of his

children is employed by a bond counsel or underwriter which has prequalified

pursuant to KR S 45A.853(1) or owns one percent (1%) or more of a bond counsel

or underwriter firm which has prequalified pursuant to KRS 45A.853(1).

(2) If, in the course of an individual's service on a selection committee, he, his spouse,

either of his parents, any of his siblings, or any of his children is employed by an

underwriter or bond counsel which has prequalified pursuant to KRS 45A.853(1) or

owns one percent (1%) or more of an underwriter or bond counsel firm which has

prequalified pursuant to KRS 45A.853(1), then his membership on the selection

committee shall end and the vacancy shall be filled as prescribed in KRS 45A.843.

(3) For a period of one (1) year after a person ends his service on a selection committee,

the Commonwealth shall not consider employing an underwriter or a bond counsel

if that person, his spouse, either of his parents, any of his siblings, or any of his

children is employed by a firm which was awarded a contract by a selection

committee on which he served or owns one percent (1%) or more of a firm which

was awarded a contract by a selection committee on which he served.

Collected 2026-09-05T20:49:08Z. Source file · JSON

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