131.630 Revocation or suspension of distributor's or stamping agent's license -- Civil penalties. - Kentucky Statutes

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Page 1 of 1 131.630 Revocation or suspension of distributor's or stamping agent's license -- Civil penalties. (1) In addition to or in lieu of any other civil or criminal remedy provided by law, upon a determination that a stamping agent or distributor has violated any provision of
KRS 131.604 to 131.630 or any administrative regulation promulgated thereunder,
the commissioner may revoke or suspend the license of any stamping agent or
distributor pursuant to KRS 138.195 and 138.205. (2) Each stamp affixed in violation of KRS 131.612 shall constitute a separate violation. The commissioner may impose a civil penalty in an amount not to exceed
the greater of five hundred percent (500%) of the retail value of the cigarettes sold
or five thousand dollars ($5,000) upon a determination of a violation of KRS
131.612 or any administrative regulations promulgated thereunder. The penalty
shall be imposed in the manner provided by KRS 138.195 and 138.205. Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 162, effective June 20, 2005. -- Created 2003 Ky. Acts ch. 194, sec. 14, effective April 6, 2003.