45A.230 Authority of secretary to settle claims. - Kentucky Statutes

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45A.230 Authority of secretary to settle claims. Prior to the institution of any action in a court concerning any contract, claim, or
controversy, the secretary of the Finance and Administration Cabinet is authorized,
subject to any limitations or conditions imposed by regulations, to settle, compromise,
pay, or otherwise adjust the claim by or against, or controversy with, a contractor relating
to a contract entered into by the Finance and Administration Cabinet on behalf of the
Commonwealth or any state agency, including a claim or controversy based on breach of
contract, mistake, misrepresentation, or other cause for contract modification or
rescission, but excluding any claim or controversy involving penalties or forfeitures
prescribed by statute or regulation where an official other than the secretary of the
Finance and Administration Cabinet is specifically authorized to settle or determine such
controversy. Effective: January 1, 1979
History: Created 1978 Ky. Acts ch. 110, sec. 46, effective January 1, 1979.