There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 9. Agents, Consultants, Solicitors and Adjusters
304.9.372 Payments to administrator.
Download pdfcontract as required in KRS 304.9-371, the payment to the administrator of any premiums
or charges for insurance by or on behalf of the insured shall be deemed to have been
received by the insurer. However, in the payment of return premiums or claims by the
insurer to the administrator, payment shall not be deemed payment to the insured until
such payments are received by the insured. Nothing herein shall limit the right of the
insurer against the administrator resulting from the administrator's failure to make
payments to the insurer or any insured. Effective: July 15, 1986
History: Created 1986 Ky. Acts ch. 162, sec. 5, effective July 15, 1986.
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