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KRS 522.040

Misuse of confidential information

Applied in 1 court decision — leading case 444 N.J. Super. 45 - State of New Jersey v. L.D. (2016)

Most recently applied in 444 N.J. Super. 45 - State of New Jersey v. L.D. (January 2016)

Effective: January 1, 1975 History: Created 1974 Ky

(1) A public servant is guilty of misuse of confidential information when, in contemplation of official action by himself or by a governmental unit with which he is associated, or in reliance on information to which he has access in his official capacity and which has not been made public, he:

(a) Accepts or agrees to accept a pecuniary interest in any property, transaction or enterprise which may be affected by such information or official action; or (b) Speculates or wagers on the basis of such information or official action; or (c) Aids another to do any of the foregoing.

(2) Misuse of confidential information is a Class D felony.

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