There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 6 THE GENERAL ASSEMBLY
6.741 Prohibition against certain leases or sales of real property with state agency -- Penalty.
Download pdfinterest 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. Effective: September 16, 1993
History: Created 1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 9, effective September 16, 1993.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.