{"data":{"id":"us-ky/krs-154.21-025","jurisdiction":"us-ky","citation":"KRS 154.21-025","heading":"Grant application -- Compliance.","body":"(1) (a) To participate in the Kentucky Product Development Initiative, grant\napplicants shall submit an application to the Kentucky Association for\nEconomic Development that will be received by or shared with the third -party\nindependent site selection consultant for review.\n(b) Grant applicants wishing to engage in a regional project shall submit a single\napplication to the Kentucky Association for Economic Development that will\nbe received by or shared with the third -party independent site selection\nconsultant for review.\n(2) If a grant applicant is selected as an eligible grant recipient approved under the\neconomic development fund program, it shall comply with any incentive\nagreements and reporting requirements deemed necessary by the cabinet to verify\nthat the awarded grant goes toward an eligible use.\n(3) If the selected grant recipient fails to comply with subsection (2) of this section or\nuses the awarded grant money for any purpose other than an eligible use, the\nselected eligible grant recipient shall forfei t and be liable to the cabinet for the full\naward amount.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=53001","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:54Z","sha256":"e4979cd644dc81eb3c5b41b846ccfebbdd073a19fb869cf2c25349ade86d2523","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.21-020","next":"us-ky/krs-154.21-030"},"notice":"GroundRules: Original legal text. Not legal advice."}