502.050 Corporate liability.
(1) A corporation is guilty of an offense when:
(a) The conduct constituting the offense consists of a failure to discharge a
specific duty imposed upon corporations by law; or
(b) The conduct constituting the offense is engaged in, authorized, commanded or
wantonly tolerated by the board of directors or by a high managerial agent <br>acting within the scope of his employment in behalf of the corporation; or
(c) The conduct constituting the offense is engaged in by an agent of the
corporation acting within the scope of his employment and in behalf of the <br>corporation and:
1.
The offense is a misdemeanor or violation; or
2.
The offense is one defined by a statute which clearly indicates a <br>legislative intent to impose such criminal liability on a corporation.
(2) As used in this section:
(a) "Agent" means any officer, director, servant or employee of the corporation or
any other person authorized to act in behalf of the corporation.
(b) "High managerial agent" means an officer of a corporation or any other agent
of a corporation who has duties of such responsibility that his conduct <br>reasonably may be assumed to represent the policy of the corporation.
Effective: January 1, 1975 <br>History: Created 1974 Ky. Acts ch. 406, sec. 24, effective January 1, 1975.
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