{"data":{"id":"us-ky/krs-15.276","jurisdiction":"us-ky","citation":"KRS 15.276","heading":"Demonstration of offering -- Action in accordance with licenses in other","body":"jurisdictions -- Immunity from actions and charges during demonstration\nperiod -- Criminal liability -- Termination of participation -- Liability for\nbusiness losses and expenses.\n(1) Once an application is approved by the regulatory relief office, the sandbox\nparticipant has twelve (12) months after the day on which the application was\napproved to demonstrate the offering described in the sandbox participant's\napplication.\n(2) An offering that is demonstrated within the regulatory sandbox shall be subject to\nthe following:\n(a) Each consumer shall be a resident of the state; and\n(b) No administrative regulation shall be suspended to preclude any person from\nrecovering civil liability damages or workers' compensation damages from the\nsandbox participant in the event that person is harmed as a result of the\nsandbox participant's product, conduct, or both.\n(3) This section shall not restrict a sandbox participant who holds a license or other\nauthorization in another jurisdiction from acting in accordance with that license or\nother authorization.\n(4) A sandbox participant is deemed to possess an appropriate license or other\nauthorization under the laws of the state for the purposes of any provision of federal\nlaw requiring licensure or other authorization by the state.\n(5) Subject to subsection (6) of this section:\n(a) During the demonstration period, a sandbox participant shall not be subject to\nthe enforcement of administrat ive regulations identified in the written\nagreement between the regulatory relief office and the sandbox pursuant to\nKRS 15.272(6);\n(b) A prosecutor shall not file or pursue charges pertaining to an administrative\nregulation identified in the written agree ment between the regulatory relief\noffice and the sandbox participant described in KRS 15.272(6) that occurs\nduring the demonstration period; and\n(c) A state agency shall not file or pursue any punitive action against a sandbox\nparticipant, including a fin e or license suspension or revocation, for the\nviolation of an administrative regulation that:\n1. Is identified as being waived or suspended in the written agreement\nbetween the regulatory relief office and the sandbox participant\ndescribed in KRS 15.272(6); and\n2. Occurs during the demonstration period.\n(6) Notwithstanding any other provision of KRS 1 5.262 to 15.278, a sandbox\nparticipant shall not have immunity related to any criminal offense committed\nduring the sandbox participant's participation in the regulatory sandbox.\n(7) By written notice, the regulatory relief office may end a sandbox partici pant's\nparticipation in the regulatory sandbox at any time and for any reason, including if\nthe director determines that a sandbox participant is not operating in good faith to\nbring an innovative offering to market.\n(8) The regulatory relief office and th e employees of the regulatory relief office shall\nnot be liable for any business losses or the recouping of application expenses or\nother expenses related to the regulatory sandbox, including for:\n(a) Denying an applicant's application to participate in th e regulatory sandbox for\nany reason; or\n(b) Ending a sandbox participant's participation in the regulatory sandbox at any\ntime and for any reason.","path":["KRS Chapter 15"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=54235","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:48:33Z","sha256":"5c0437b105398ea4fc71044d7ec1c017954d2580d80b2d5ac6f8a92fff95f4dd","source_id":"us-ky","stale":false,"prev":"us-ky/krs-15.274","next":"us-ky/krs-15.278"},"notice":"GroundRules: Original legal text. Not legal advice."}