There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 8. Mortgage Loan Companies and Brokers
286.8.046 Civil penalty for violation of subtitle, administrative regulation, or order -- Order for restitution, refund, recovery of expenses.
Download pdforder issued by the commissioner under this subtitle. The civil penalty shall be not
less than one thousand dollars ($1,000) nor more than twenty-five thousand dollars
($25,000) per violation, plus the state's costs and expenses for the examination,
investigation, and prosecution of the matter, including reasonable attorney's fees
and court costs. (2) The commissioner may order restitution, refund, recovery of expenses, or direct such other affirmative action as the commissioner deems necessary against any
person who violates any order issued by the commissioner or any provision of, or
administrative regulation promulgated under, this subtitle. Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 769, effective July 15, 2010. -- Amended 2009 Ky. Acts ch. 104, sec. 8, effective June 25, 2009. -- Created 2008 Ky. Acts
ch. 175, sec. 25, effective April 24, 2008.
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