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Code · Kentucky · Chapter 156 — Department of education

156.420 Bond conditions for person, firm, or corporation offering textbooks.

311 words·~1 min read·/ky/chapter-156/156-420

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

(Effective until July 1, 2026) The bond required by the person, firm, or corporation offering the books for adoption shall be so conditioned that:
(1)The person, firm, or corporation will furnish any of the books listed in the statement
filed for the period of adoption from the date of the bond to any school district in
Kentucky, or to any dealer appointed by the district, at the lowest wholesale price
contained in the statement, f.o.b. the publisher's nearest shipping point;
(2)The person, firm, or corporation shall not bid and enter into a contract for an
adoption period with the Commonwealth of Kentucky for books at a higher
wholesale price than is being bid for the same adoption period elsewhere in the
United States.
(3)The person, firm, or corporation will automatically reduce such prices in Kentucky
whenever reductions are made anywhere in the United States, so that no book shall
at any time be sold in Kentucky at a higher wholesale price than is received for that
book elsewhere in the United States;
(4)If the person, firm, or corporation prepared an abridged or special edition of any
book that has been listed and sells it elsewhere at a lower wholesale price than the
wholesale price set out in the filed statement, the person will file a copy of the
special edition with the price of the special edition in a supplemental statement with
the chief state school officer;
(5)All books sold in Kentucky will be identical with the specimen books filed with the
chief state school officer as regards size, paper, binding, print, illustrations, subject
matter, and other particulars which may affect the value of the books;
(6)The person, firm, or corporation shall not enter into any agreement, understanding,
or combination to control the price of textbooks or to restrict competition in their
sale in Kentucky.
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