Kentucky Revised Statutes

Ky. Rev. Stat. § 534.050 (2026)

Fines against corporations

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(1) For an offense defined in this code a corporation convicted of an offense may be sentenced to pay a fine in an amount not to exceed:

(a) For a felony of any class, $20,000; or

(b) For a Class A misdemeanor, $10,000; or

(c) For a Class B misdemeanor, $5,000; or

(d) For a violation, $500; or

(e) Double the amount of the defendant's gain from commission of the offense, whichever is the greater.

(2) For an offense defined outside this code for which no special corporate fine is specified, a corporation convicted of an offense may be sentenced to pay a fine in an amount not to exceed:

(a) $20,000, if the offense when committed by an individual has an authorized term of imprisonment in the penitentiary; or

(b) $10,000, if the offense when committed by an individual has an authorized term of imprisonment of not less than ninety (90) days nor more than twelve

(12) months; or

(c) $5,000, if the offense when committed by an individual has an authorized term of imprisonment of less than ninety (90) days; or

(d) $500, if the offense when committed by an individual has no authorized term of imprisonment; or

(e) Double the amount of the defendant's gain from commission of the offense, whichever is the greater.

(3) For an offense defined outside this code for which a special corporate fine is specified, a corporation convicted of the offense may be sentenced to pay a fine in the amount specified in the law that defines the offense. Effective: January 1, 1975. History: Created 1974 Ky. Acts ch. 406, sec. 294, effective January 1, 1975.

Notes of Decisions
Cited in 4 cases, 1980–2004 · leading case: Hoskins v. Maricle, 150 S.W.3d 1 (Ky. 2004).
Hoskins v. Maricle, 150 S.W.3d 1 (Ky. 2004). · cites it 2× “The same concerns apply here where our General Assembly has established sentencing guidelines, though less rigid than federal guidelines, by providing maximum and minimum penalties applicable to each offense.”
Sand Hill Energy, Inc. v. Ford Motor Co., 83 S.W.3d 483 (Ky. 2002). · cites it 2× “KRS 534.050(1)(a). And, of course, the amount of punitive damages approved here is almost three times greater than any previously reported award of punitive damages in Kentucky.”
Commonwealth v. Fortner LP Gas Co., 610 S.W.2d 941 (Ky. Ct. App. 1980). · cites it 3× “) Of further persuasion of legislative intent to impose corporate criminal liability is KRS 534.050: KRS 534.050. Fines against corporation.”
Commonwealth v. Lawson Mardon Flexible Packaging, Inc., 10 S.W.3d 488 (Ky. Ct. App. 1999). “” Under KRS 534.050(l)(a), the company was subject to a maximum penalty of $20,000 upon a conviction of reckless homicide, a Class D felony.”
Ky. Rev. Stat. § 534.050(1)(a): 1 case
Sand Hill Energy, Inc. v. Ford Motor Co., 83 S.W.3d 483 (Ky. 2002). “KRS 534.050(1)(a). And, of course, the amount of punitive damages approved here is almost three times greater than any previously reported award of punitive damages in Kentucky.”
Ky. Rev. Stat. § 534.050(l)(a): 2 cases
Sand Hill Energy, Inc. v. Ford Motor Co., 83 S.W.3d 483 (Ky. 2002). “KRS 534.050(1)(a). And, of course, the amount of punitive damages approved here is almost three times greater than any previously reported award of punitive damages in Kentucky.”
Commonwealth v. Lawson Mardon Flexible Packaging, Inc., 10 S.W.3d 488 (Ky. Ct. App. 1999). “” Under KRS 534.050(l)(a), the company was subject to a maximum penalty of $20,000 upon a conviction of reckless homicide, a Class D felony.”
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