(1) Whenever an insurer has been granted a certificate of authority to transact surety insurance in this state, the commissioner shall on or before the first day of the next succeeding month send to the county clerk of each county in this state his or her certificate, over the seal of the department, stating that such insurer has complied with the laws of this state and is authorized to transact a business as surety in this state. The county clerk shall record the certificate and it shall become a permanent part of the records of the county clerk.
(2) The commissioner shall on or before the first day of March of each year forward to each county clerk a list containing the names of all surety insurers, foreign and domestic, which are then authorized to transact business in the state.

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Terms Used In Kentucky Statutes 304.21-020

  • Domestic: when applied to a corporation, partnership, business trust, or limited liability company, means all those incorporated or formed by authority of this state. See Kentucky Statutes 446.010
  • Foreign: when applied to a corporation, partnership, limited partnership, business trust, statutory trust, or limited liability company, includes all those incorporated or formed by authority of any other state. See Kentucky Statutes 446.010
  • Month: means calendar month. See Kentucky Statutes 446.010
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Year: means calendar year. See Kentucky Statutes 446.010

(3) The county clerks shall preserve such list on the files of the court, open to public inspection.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1316, effective July 15, 2010. — Amended 1982 Ky. Acts ch. 320, sec. 24, effective July 15, 1982. — Amended 1978
Ky. Acts ch. 384, sec. 465, effective June 17, 1978. — Created 1970 Ky. Acts ch.
301, subtit. 21, sec. 2, effective June 18, 1970.