{"data":{"id":"us-ky/krs-299.990","jurisdiction":"us-ky","citation":"KRS 299.990","heading":"Penalties.","body":"(1) Any officer, manager, director or agent of a domestic company who consents to aid\nor promotes any transfer or reinsurance of a risk in violation of KRS 299.210 shall\nbe fined not more than five hundred dollars ($500).\n(2) Any officer or director who fails to comply with any of the provisions of subsection\n(3) of KRS 299.400 shall be fined not less than fifty dollars ($50) nor more than one\nthousand dollars ($1,000) for each offense. Each thirty (30) days that an action\nrequired by that subsection is delayed shall be deemed a separate offense.\n(3) Any officer of a company, as defined in subsection (4) of KRS 299.010, who\nviolates any of the provisions of KRS 299.310 to 299.470, except subsection (3) of\nKRS 299.400, shall be fined not less than ten dollars ($1 0) nor more than five\nhundred dollars ($500). He shall also be personally liable for any loss caused by\nsuch violation, either to the company or any member.","path":["KRS Chapter 299"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=15883","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:27Z","sha256":"a45cd13c5e5fa2a32c24a6c5c33bd8568f2ef17222a0da9a06ccc7dd9898af4e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-299.550","next":"us-ky/krs-29a.010"},"notice":"GroundRules: Original legal text. Not legal advice."}