Kentucky Statutes 304.99-025 – Penalty
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If any consultant or agent is found by the commissioner, after a hearing, to be in violation of KRS § 304.9-350, the commissioner may, in addition to any applicable suspension, revocation, or refusal to continue the consultant’s or agent’s license, impose a fine in the amount of the consultant’s or agent’s fees or commissions associated with the sale of the product which is the subject of the violation.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1652, effective July 15, 2010. — Amended 2008 Ky. Acts ch. 31, sec. 4, effective July 15, 2008. — Created 1982 Ky. Acts ch. 171, sec. 7, effective July 15, 1982.
Effective: July 15, 2010
Terms Used In Kentucky Statutes 304.99-025
- agent: includes managing general agent unless the context requires otherwise. See Kentucky Statutes 304.9-085
History: Amended 2010 Ky. Acts ch. 24, sec. 1652, effective July 15, 2010. — Amended 2008 Ky. Acts ch. 31, sec. 4, effective July 15, 2008. — Created 1982 Ky. Acts ch. 171, sec. 7, effective July 15, 1982.