There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 9. Agents, Consultants, Solicitors and Adjusters
304.9.400 Reporting and accounting for premiums.
Download pdfinsured and which is to be paid to an insurer, its agents, its managing general agents or his
or her principal because of the assumption of liability through the issuance of policies or
contracts for insurance, shall be held by the insurance producer in a fiduciary capacity and
shall not be misappropriated or converted to his or her own use or illegally withheld by
the insurance producer. Effective: July 15, 2002
History: Amended 2002 Ky. Acts ch. 273, sec. 31, effective July 15, 2002. -- Amended 2000 Ky. Acts ch. 393, sec. 29, effective July 14, 2000. -- Amended 1986 Ky. Acts
ch. 307, sec. 6, effective July 15, 1986. -- Created 1970 Ky. Acts ch. 301, subtit. 9,
sec. 40, effective June 18, 1970.
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