2006 Kentucky Revised Statutes - .105   Executive director\'s authority to extend in-state insurance activity to match that of federally regulated financial institutions.

304.2-105 Executive director's authority to extend in-state insurance activity to match that of federally regulated financial institutions. Notwithstanding any other provision of law, to the extent authorized by the executive director by administrative regulation, a licensed agent, producer, broker, or insurer has the power to engage in any insurance activity that financial institutions chartered by or otherwise subject to the jurisdiction of the federal government are authorized to engage in according to federal law or regulation or by a court of competent jurisdiction. Effective: July 14, 2000 History: Created 2000 Ky. Acts ch. 254, sec. 1, effective July 14, 2000. Legislative Research Commission Note (6/20/2005). 2005 Ky. Acts chs. 11, 85, 95, 97, 98, 99, 123, and 181 instruct the Reviser of Statutes to correct statutory references to agencies and officers whose names have been changed in 2005 legislation confirming the reorganization of the executive branch. Such a correction has been made in this section. Page 1 of 1