Ky. Rev. Stat. » Chapter 517
Kentucky Revised Statutes

Ky. Rev. Stat. § 517.110 (2026)

Misapplication of entrusted property

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(1) A person is guilty of misapplication of entrusted property when he applies or disposes of property that has been entrusted to him as a fiduciary, or property of the government or of a financial institution in a manner which he knows is unauthorized and involves substantial risk of loss or detriment to the owner of the property or to a person for whose benefit the property was entrusted.

(2) Misapplication of entrusted property is a Class A misdemeanor. Effective: January 1, 1975 History: Created 1974 Ky. Acts ch. 406, sec. 155, effective January 1, 1975.

Notes of Decisions
Cited in 4 cases (2 in the last 5 years), 1998–2025 · leading case: Buchholtz v. Dugan, 977 S.W.2d 24 (Ky. Ct. App. 1998).
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Buchholtz v. Dugan, 977 S.W.2d 24 (Ky. Ct. App. 1998). “070 and KRS 517.110 regarding theft and misapplication of property.”
Massey v. Specialized Loan Servicing LLC, No. 1:20-cv-00088, 2021 WL 311868 (W.D. Ky. Jan. 29, 2021). · cites it 4× “6 Under KRS 517.110: (1) A person is guilty of misapplication of entrusted property when he applies or disposes of property that has been entrusted to him as a fiduciary, or property of the government or of a financial institution in a manner which he knows is unauthorized and…”
Viola, No. 5:25-cv-00070 (E.D. Ky. Nov. 10, 2025). · cites it 2× “Negligence Per se Because the Defendants did not owe a fiduciary duty to White Dog, they cannot be held to have violated KRS § 517.110, as alleged in Count V of the Amended Complaint.”
Futrell v. Kentucky Bar Ass'n, 989 S.W.2d 166 (Ky. 1999). “Movant admits that he pled guilty to and has now been convicted of Misapplication of Entrusted Property, a violation of KRS 517.110, a Class A misdemean- or. This conviction reflects adversely upon Movant’s fitness to practice law, and Movant concedes this.”
Ky. Rev. Stat. § 517.110(1): 1 case
Massey v. Specialized Loan Servicing LLC, No. 1:20-cv-00088, 2021 WL 311868 (W.D. Ky. Jan. 29, 2021). “6 Under KRS 517.110: (1) A person is guilty of misapplication of entrusted property when he applies or disposes of property that has been entrusted to him as a fiduciary, or property of the government or of a financial institution in a manner which he knows is unauthorized and…”
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