There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 3. Authorization of Insurers and General Requirements
304.3.160 Issuance -- Refusal of authority -- Ownership of certificate.
Download pdfcommissioner may, if he or she deems it advisable, issue to the insurer a certificate
of authority; otherwise, the commissioner shall issue an order refusing such
certificate. (2) The certificate of authority, if issued, shall state the insurer's name, the address of its principal office, the state or country of its organization, and the kinds of insurance
the insurer is authorized to transact in this state. At the insurer's request, the
commissioner may issue a certificate of authority limited to particular types of
insurance or coverages within a kind of insurance as defined in Subtitle 5. (3) Although issued and delivered to the insurer, the certificate of authority at all times shall be the property of the State of Kentucky. Upon any expiration, suspension, or
termination thereof the insurer shall promptly deliver the certificate to the
commissioner. Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 967, effective July 15, 2010. -- Created 1970 Ky. Acts ch. 301, subtit. 3, sec. 16, effective June 18, 1970.
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