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Code · Kentucky · Chapter 534 — Fines

534.050 Fines against corporations.

257 words·~1 min read·/ky/chapter-534/534-050

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

(1)For an offense defined in this code a corporation convicted of an offense may be
sentenced to pay a fine in an amount not to exceed:
(a)For a felony of any class, $20,000; or
(b)For a Class A misdemeanor, $10,000; or
(c)For a Class B misdemeanor, $5,000; or
(d)For a violation, $500; or
(e)Double the amount of the defendant's gain from commission of the offense,
whichever is the greater.
(2)For an offense defined outside this code for which no special corporate fine is
specified, a corporation convicted of an offense may be sentenced to pay a fine in an
amount not to exceed:
(a)$20,000, if the offense when committed by an individual has an authorized
term of imprisonment in the penitentiary; or
(b)$10,000, if the offense when committed by an individual has an authorized
term of imprisonment of not less than ninety
(90)days nor more than twelve
(12)months; or
(c)$5,000, if the offense when committed by an individual has an authorized
term of imprisonment of less than ninety
(90)days; or
(d)$500, if the offense when committed by an individual has no authorized term
of imprisonment; or
(e)Double the amount of the defendant's gain from commission of the offense,
whichever is the greater.
(3)For an offense defined outside this code for which a special corporate fine is
specified, a corporation convicted of the offense may be sentenced to pay a fine in
the amount specified in the law that defines the offense.
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