KRS § 15.824 Penalty imposed upon payor for tender of dishonored check.

15.824 Penalty imposed upon payor for tender of dishonored check. If any check tendered to the Office of the Attorney General is not paid when presented to the drawee bank for payment, there shall be paid as a penalty by the payor who tendered the check, or the payor for whom the check was tendered, upon notice and demand of the office, an amount equal to ten percent (10%) of the check. The penalty under this section shall not be less than ten dollars ($10) or more than twenty-five dollars ($25). If the payor who tendered the check shows to the Office of the Attorney General's satisfaction that the failure to honor payment of the check resulted from error by parties other than the payor, the office shall waive the penalty. Effective: July 1, 2025 History: Repealed, reenacted, renumbered, and amended 2023 Ky. Acts ch. 124, sec. 20, effective July 1, 2025. -- Created 1998 Ky. Acts ch. 417, sec. 2, effective July 15, 1998. Formerly codified as KRS 205.752.