Ky. Rev. Stat. § 393A.750

Current through 2024 Ky. Acts ch. 225

Section 393A.750 - Waiver of interest and penalty

The administrator:

(1) May waive, in whole or in part, interest under KRS 393A.730(1) and penalties under KRS 393A.730(2) or 393A.740; and

(2) Shall waive a penalty under KRS 393A.730(2) if the administrator determines that the holder acted in good faith and without negligence.

KRS 393A.750

Added by 2018 Ky. Acts ch. 163,§ 75, eff. 7/14/2018.