There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 9. Agents, Consultants, Solicitors and Adjusters
304.9.720 Insurers required to engage services of only licensed reinsurance intermediary brokers.
Download pdfperson is licensed as required by subsection (1) of KRS 304.9-705. (2) An insurer shall not employ an individual who is employed by a reinsurance intermediary broker with which it transacts business, unless the reinsurance
intermediary broker is under common control with the insurer and is subject to
Subtitle 37 of this chapter. (3) The insurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary broker with which it transacts business. Effective: July 14, 1992
History: Created 1992 Ky. Acts ch. 155, sec. 5, effective July 14, 1992.
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