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2016 Kentucky Revised Statutes
CHAPTER 304 - INSURANCE CODE
Subtitle 30 - Insurance Premium Finance Companies
304.30-010 Application.

KY Rev Stat § 304.30-010 (2016) What's This?

Download as PDF 304.30-010 Application. The provisions of this subtitle shall not apply with respect to: (1) Any insurer licensed to do business in this state; (2) Any banking institution, trust, loan, mortgage, safe deposit company, or title insurer, building association, credit union, moneylenders, or common trust fund authorized to do business in this state; (3) The inclusion of a charge for insurance in connection with an installment sale of a motor vehicle made in accordance with KRS Chapter 190; and (4) The inclusion of a late charge not to exceed eighteen percent (18%) per annum on insurance premium accounts held by any agent once those accounts remain unpaid for a period of thirty (30) days beyond the date that the original premium was due and owing. Effective: June 19, 1976 History: Amended 1976 Ky. Acts ch. 357, sec. 1, effective June 19, 1976. -- Created 1970 Ky. Acts ch. 301, subtit. 30, sec. 1, effective June 18, 1970.

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