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Kentucky Revised Statutes Title VI. Financial Administration § 45A.600.Purchase of firearm by state employee; use of proceeds from sale

Current as of January 01, 2024 | Updated by FindLaw Staff

(1) (a) When an agency of Kentucky state government or a public university safety and security department organized pursuant to KRS 164.950 transitions from the use of one (1) firearm owned by that agency to another, the agency may sell the firearm that is being replaced directly to an employee of the agency if:

1. The firearm was issued to the employee in the course of employment; and

2. The employee is otherwise authorized by law to own or possess the firearm.

(b) 1. The agency shall notify employees of the intended replacement of firearms and that employees may purchase firearms pursuant to paragraph (a) of this subsection.

2. The employee desiring to purchase the firearm issued to the employee shall notify the head of the issuing agency of his or her intention not less than ten (10) days after receiving notice of the intended replacement.

(2) (a) Upon retirement from state employment, a state employee to whom a firearm has been issued during the course of employment may purchase the firearm which was issued during the course of employment if the employee is otherwise authorized to privately own or possess the firearm.

(b) The employee desiring to purchase the firearm issued to the employee shall notify the head of the issuing agency of such intention not less than thirty (30) days prior to the scheduled date of retirement.

(3) The purchase price shall be the fair market value determined by the Finance and Administration Cabinet, Division of Personal Property. The proceeds from the sale of the firearm shall be deposited to the credit of an agency account for the issuing agency and shall be used for the purpose of purchasing replacement firearms.

(4) Any firearms that are not purchased by employees or retirees shall be disposed of pursuant to KRS 45A.047.

(5) This statute shall supersede other state laws with regard to the disposition of state property for the purpose stated in this section and for no other purpose.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title VI. Financial Administration § 45A.600.Purchase of firearm by state employee; use of proceeds from sale - last updated January 01, 2024 | https://codes.findlaw.com/ky/title-vi-financial-administration/ky-rev-st-sect-45a-600/

Read this complete Kentucky Revised Statutes Title VI. Financial Administration § 45A.600.Purchase of firearm by state employee; use of proceeds from sale on Westlaw

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