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Code · Kentucky · Kentucky Revised Statutes

6.741 Prohibition against certain leases or sales of real property with state agency -

135 words·~1 min read·/ky/6-741

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

- Penalty. A legislator, his spouse, or any business in which he or his spouse own or control an interest 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.
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