{"data":{"id":"us-ky/krs-15.274","jurisdiction":"us-ky","citation":"KRS 15.274","heading":"Denial of application if applicant culpable in crime bearing relationship to","body":"participation -- Notice of approval.\n(1) The director shall deny an application for participation in the regulatory sandbox if\nthe applicant or any person who see ks to participate with the applicant in\ndemonstrating an offering has been convicted, entered a plea of nolo contendere, or\nentered a plea of guilty or nolo contendere held in abeyance, for any crime\ninvolving significant theft, fraud, or dishonesty if the  crime bears a significant\nrelationship to the applicant's or other participant's ability to safely and competently\nparticipate in the regulatory sandbox.\n(2) When an applicant is approved for participation in the regulatory sandbox, the\ndirector may provi de notice of the approval to competitors of the applicant and to\nthe public.","path":["KRS Chapter 15"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=54234","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:48:33Z","sha256":"0cab9fd66e89f46a76d4f032c8683ea53c7fdda377e055bf0f59dfafdbe5b7ac","source_id":"us-ky","stale":false,"prev":"us-ky/krs-15.272","next":"us-ky/krs-15.276"},"notice":"GroundRules: Original legal text. Not legal advice."}