Key facts
| Measure | Figure |
|---|---|
| Felony threshold amount[1] | $1,000Year 2026 |
| Service fee maximum[1] | $50Year 2026 |
- Felony penaltyTheft by deception is a Class D felony when the value is 1,000 dollars up to 10,000 dollars, and a Class C felony at 10,000 dollars or more, under KRS Section 514.040.[1]
- Misdemeanor penaltyTheft by deception, which includes issuing a check known to be dishonored, is a Class B misdemeanor when the value of property or services obtained is under 500 dollars, and a Class A misdemeanor from 500 dollars up to 1,000 dollars, under KRS Section 514.040.[1]
- Prosecution notice requirementA maker is presumed to know a check would not be paid if it was presented within 30 days after issue, refused for lack of funds, and the maker failed to make good within 10 days after receiving notice, with mailed notice deemed received 7 days after mailing, under KRS Section 514.040.[1]
- Statute citationKRS Section 514.040, theft by deception[1]
Lending rules in Kentucky: Kentucky lending laws.
Sources
- Kentucky Legislative Research Commission. KRS Section 514.040, Theft by deception.