Waiver of interest and penalty
KRS 393A.750
in effect393A.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.
Effective: July 14, 2018
History: Created 2018 Ky. Acts ch. 163, sec. 75, effective July 14, 2018.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=48172Fetched: 10/20/2026
