{"data":{"id":"us-ky/krs-138.885","jurisdiction":"us-ky","citation":"KRS 138.885","heading":"Personal and individual liability of officers of corporation subject to KRS","body":"138.870 to 138.889.\nThe president, vice president, secretary, treasurer, or any other person holding any\nequivalent corporate office of any corporation subject to the provisio ns of KRS 138.870\nto 138.889, shall be personally and individually liable, both jointly and severally, for the\ntax, penalty, and interest imposed under KRS 138.872 and 138.889, and neither the\ncorporate dissolution nor withdrawal of the corporation from the state nor the cessation of\nholding any corporate office shall discharge the liability of any person. The personal and\nindividual liability shall apply to each and every person holding the corporate office at the\ntime the tax becomes or became due. No per son shall be personally and individually\nliable pursuant to KRS 138.870 to 138.889 who had no authority in the management of\nthe business or financial affairs of the corporation at the time that the tax imposed by\nKRS 138.872 becomes or became due.","path":["KRS Chapter 138"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=28829","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:31Z","sha256":"a8192cc46ee5f7537b7d9a185cc2e77a1466bdddda7cef98300bc3f8415f3f6c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-138.884","next":"us-ky/krs-138.886"},"notice":"GroundRules: Original legal text. Not legal advice."}