Download as PDF
517.010 Definitions for chapter.
The following definitions apply in this chapter, unless the context otherwise requires:
(1) "Adulterated" means varying from the standard of composition or quality
prescribed by statute or lawfully promulgated administrative regulation or, if
none, as set by established commercial usage.
(2) "Business record" means any writing or article kept or maintained by an
enterprise for the purpose of evidencing or reflecting its condition or activity.
(3) "Enterprise" means any entity of one (1) or more persons, corporate or
otherwise, public or private, engaged in business, commercial, professional,
industrial, eleemosynary, social, political, or governmental activity.
(4) "Fiduciary" means a trustee, guardian, executor, administrator, receiver, and
any person carrying on fiduciary functions on behalf of a corporation or other
organization which is a fiduciary.
(5) "Mislabeled" means:
(a) Varying from the standard of truth or disclosure in labeling prescribed by
statute or lawfully promulgated administrative regulation or, if none, as set
by established commercial usage; or
(b) Represented as being another person's product, though otherwise
labeled accurately as to quality or quantity.
(6) "Sham or front company" means any business established or in existence
which falsely represents that business to be a minority business enterprise, or
disadvantaged business enterprise, as defined in 79 C.F.R. 23.5 or 15 C.F.R.
1400.2, operated or operating for the purpose of obtaining funds, contracts,
subcontracts, services, or other benefits from any local government, local
government agency, or special district of this Commonwealth from the
Commonwealth, or any state government agency or public corporation of this
Commonwealth, or from the United States government or any federal
government agency.
Effective:July 15, 1994
History: Amended 1994 Ky. Acts ch. 476, sec. 2, effective July 15, 1994. -Created 1974 Ky. Acts ch. 406, sec. 145, effective January 1, 1975.
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.