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

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