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State Codes and Statutes

Statutes > Kentucky > 218A00 > 1405

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218A.1405 Use and investment of drug-related income &#8212; Penalties. (1) It shall be unlawful for any person who has knowingly received any income derived directly or indirectly from trafficking in a controlled substance to use or invest any <br />part of that income, or any proceeds thereof, to acquire any property, or to establish <br />or operate any commercial enterprise. <br />(a) As used in this section, &quot;property&quot; includes real and personal property, whether tangible or intangible. (b) As used in this section, &quot;commercial enterprise&quot; means any proprietorship, partnership, corporation, association or other legal entity, including any <br />individual or group not a legal entity, which is engaged in any business or <br />commercial activity or whose activities affect business or commerce. (2) Any person who violates this section shall be guilty of a Class D felony and, in addition to other penalties prescribed by law, shall forfeit any property constituting <br />or derived from any income received directly or indirectly from trafficking in a <br />controlled substance. Effective: July 14, 1992 <br />History: Created 1992 Ky. Acts ch. 441, sec. 29, effective July 14, 1992.