Any person who violates KRS 517.090 shall be personally liable to any person damaged by the violation for the amount of the damage. This section shall not release the principal for whom the person may have acted from any liability, but the person liable and the principal for whom he acted in violating this section shall be jointly and severally liable.
KRS 411.070
Liability for falsely stating financial condition
Applied in 1 court decision — leading case Local Industrial Finance Company v. McDougale (1966)
Most recently applied in Local Industrial Finance Company v. McDougale (March 1966)
History: Amended 1974 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.