Kentucky Statutes 304.3-210 – Order — Notice of suspension or revocation — Publication — Effect upon agents’ authority
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(1) All suspensions or revocations of, or refusal to continue, an insurer’s certificate of authority shall be by the commissioner’s order given to the insurer.
(2) Upon issuance of the order, the commissioner shall forthwith give notice thereof to the insurer’s agents in this state of record in the department, and shall likewise suspend or revoke the authority of such agents to represent the insurer.
(3) In his or her discretion, the commissioner may likewise publish notice of such suspension, revocation or refusal in one (1) or more newspapers of general circulation in the state.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 972, effective July 15, 2010. — Created
1970 Ky. Acts ch. 301, subtit. 3, sec. 21, effective June 18, 1970.
(2) Upon issuance of the order, the commissioner shall forthwith give notice thereof to the insurer’s agents in this state of record in the department, and shall likewise suspend or revoke the authority of such agents to represent the insurer.
Terms Used In Kentucky Statutes 304.3-210
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
(3) In his or her discretion, the commissioner may likewise publish notice of such suspension, revocation or refusal in one (1) or more newspapers of general circulation in the state.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 972, effective July 15, 2010. — Created
1970 Ky. Acts ch. 301, subtit. 3, sec. 21, effective June 18, 1970.