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Kentucky · Snapshot 09/05/2026

KRS 502.050: Corporate liability.

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Where this section sits in the code
  1. KRS Chapter 502

(1) A corporation is guilty of an offense when:

(a) The conduct constituting the offense consists of a failure to discharge a

specific duty imposed upon corporations by law; or

(b) The conduct constituting the offense is engaged in, authorized, commanded or

wantonly tolerated by the board of directors or by a high managerial agent

acting within the scope of his employment in behalf of the corporation; or

(c) The conduct constituting the offense is engaged in by an agent of the

corporation acting within the scope of his employment and in behalf of the

corporation and:

1. The offense is a misdemeanor or violation; or

2. The offense is one defined by a statute which clearly indicates a

legislative intent to impose such criminal liability on a corporation.

(2) As used in this section:

(a) "Agent" means any officer, director, servant or employee of the corporation or

any other person authorized to act in behalf of the corporation.

(b) "High managerial agent" means an officer of a corporation or any other agent

of a corporation who has duties of such responsibility that his conduct

reasonably may be assumed to represent the policy of the corporation.

Collected 2026-09-05T21:00:00Z. Source file · JSON

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