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§ 534.060 — Kentucky Law | CourtGPT
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Kentucky Legal Code

§ 534.060

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534.060 Consequence of failure to pay fines imposed on corporations. When a fine is imposed on a corporation, it is the duty of the person or persons authorized to make disbursement of the assets of the corporation and their superiors to pay the fine from assets of the corporation. The failure of such persons to do so shall render them subject to imprisonment under subsections (1) and (2) of this section. Effective: June 29, 2017 History: Amended 2017 Ky. Acts ch. 158, sec. 5, effective June 29, 2017. -- Amended 2012 Ky. Acts ch. 156, sec. 4, effective July 12, 2012. -- Created 1974 Ky. Acts ch. 406, sec. 295, effective January 1, 1975.