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Current as of January 01, 2025 | Updated by Findlaw Staff
A legislator, his spouse, or any business in which he or his spouse own or control an interest of more than five percent (5%) shall not intentionally lease or sell any facility, building, or other real property to a state agency while the legislator is a member of the General Assembly. This provision shall not apply to sales or leases made under threat of or pursuant to KRS Chapter 416, relating to eminent domain, and does not impair any lawful contract existing on September 16, 1993. This section shall not apply to a lease or sale for a nominal consideration if the lease or sale is preapproved by the commission. Violation of this section is a Class D felony, and the court upon conviction may void any sale or lease violating this provision.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title II. Legislative Branch § 6.741.Prohibition against certain leases or sales of real property with state agency; penalty - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-ii-legislative-branch/ky-rev-st-sect-6-741/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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