2006 Kentucky Revised Statutes - .210   Order, notice of suspension or revocation -- Publication -- Effect upon agents\' authority.

304.3-210 Order, notice of suspension or revocation -- Publication -- Effect upon agents' authority. (1) All suspensions or revocations of, or refusal to continue, an insurer's certificate of authority shall be by the executive director's order given to the insurer. (2) Upon issuance of the order, the executive director shall forthwith give notice thereof to the insurer's agents in this state of record in the office, and shall likewise suspend or revoke the authority of such agents to represent the insurer. (3) In his discretion, the executive director may likewise publish notice of such suspension, revocation or refusal in one (1) or more newspapers of general circulation in the state. Effective: June 18, 1970 History:Created 1970 Ky. Acts ch. 301, subtit. 3, sec. 21, effective June 18, 1970. 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.

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