Statutes > Kentucky Statutes > CHAPTER 6 THE GENERAL ASSEMBLY > 6.741 Prohibition against certain leases or sales of real property with state agency -- Penalty.

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

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6.741 Prohibition against certain leases or sales of real property with state agency - - Penalty. A legislator, his spouse, or any business in which he or his spouse own or control an <br>interest of more than five percent (5%) shall not intentionally lease or sell any facility, <br>building, or other real property to a state agency while the legislator is a member of the <br>General Assembly. This provision shall not apply to sales or leases made under threat of <br>or pursuant to KRS Chapter 416, relating to eminent domain, and does not impair any <br>lawful contract existing on September 16, 1993. This section shall not apply to a lease or <br>sale for a nominal consideration if the lease or sale is preapproved by the commission. <br>Violation of this section is a Class D felony, and the court upon conviction may void any <br>sale or lease violating this provision. Effective: September 16, 1993 <br>History: Created 1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 9, effective September 16, 1993.