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KRS 286.11-057

Penalties

Known as the Kentucky Money Transmitters Act

The act spans §§ 286.11-001 to 286.11-067 (35 sections).

Effective: April 24, 2006 History: Created 2006 Ky

(1) A person that intentionally or knowingly makes a false statement, misrepresentation, or false certification in a record filed or required to be maintained under this subtitle or that intentionally or knowingly makes a false entry or omits a material entry in such a record is guilty of a Class D felony.

(2) A person that intentionally or knowingly engages in any activity for which a license is required under this subtitle without being licensed under this subtitle is guilty of a Class C felony.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.