6.737 Prohibition against certain contracts with state agency -- Penalty.

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6.737 Prohibition against certain contracts with state agency -- Penalty. A legislator or candidate by himself, or through others, shall not intentionally undertake, <br>execute, hold, or enjoy, in whole or in part, any contract, agreement, sale, or purchase of <br>the value of one hundred dollars (&#36;100) or more per transaction, made, entered into, <br>awarded, or granted by any state agency, except: <br>(1) Contracts, agreements, sales, or purchases between a state agency and a business in which the legislator and his spouse, collectively, own or control an interest of five <br>percent (5%) or less; (2) Contracts, agreements, sales, or purchases made or let after public notice and competitive bidding; (3) Contracts, agreements, sales, or purchases which are available on similar terms to members of the legislator's business, occupation, or profession; or (4) Contracts or agreements entered into prior to the time the legislator became a candidate. Violation of this section is a Class D felony, and the court upon conviction may void the <br>contract, agreement, sale, or purchase violating this provision. Effective: September 16, 1993 <br>History: Created 1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 8, effective September 16, 1993.