517.010 Definitions for chapter.

260 words·~1 min read·/ky/chapter-517/517-010

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

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.