Kentucky Statutes 304.39-085 – Notification by insurance company to Department of Vehicle Regulation of persons insured whose policy was terminated — Exception
Current as of: 2024 | Check for updates
|
Other versions
(1) Every authorized insurance company shall, within one (1) calendar week following the end of its accounting month, send to the Department of Vehicle Regulation a list of all persons insured by it whose policy was terminated by either cancellation or nonrenewal during such accounting month, except those persons whose nonrenewal was at the end of a policy with a term of six (6) months or longer and who failed to make a payment for the renewal of the policy. Such list shall include a description of each vehicle insured under such terminating policy.
(2) It shall be lawful for an authorized insurance company to present the information required by subsection (1) of this section by compatible computer tape approved by the Department of Vehicle Regulation.
(3) On and after January 1, 2006, this section shall not apply to policies covering personal motor vehicles as defined in KRS § 304.39-087.
Effective: July 13, 2004
History: Amended 2004 Ky. Acts ch. 130, sec. 4, effective July 13, 2004. — Amended
1996 Ky. Acts ch. 341, sec. 7, effective July 15, 1996. — Amended 1984 Ky. Acts ch.
129, sec. 2, effective January 1, 1985. — Amended 1980 Ky. Acts ch. 269, sec. 1, effective July 15, 1980. — Created 1978 Ky. Acts ch. 102, sec. 1, effective September
1, 1978.
(2) It shall be lawful for an authorized insurance company to present the information required by subsection (1) of this section by compatible computer tape approved by the Department of Vehicle Regulation.
Terms Used In Kentucky Statutes 304.39-085
- Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
- Month: means calendar month. See Kentucky Statutes 446.010
(3) On and after January 1, 2006, this section shall not apply to policies covering personal motor vehicles as defined in KRS § 304.39-087.
Effective: July 13, 2004
History: Amended 2004 Ky. Acts ch. 130, sec. 4, effective July 13, 2004. — Amended
1996 Ky. Acts ch. 341, sec. 7, effective July 15, 1996. — Amended 1984 Ky. Acts ch.
129, sec. 2, effective January 1, 1985. — Amended 1980 Ky. Acts ch. 269, sec. 1, effective July 15, 1980. — Created 1978 Ky. Acts ch. 102, sec. 1, effective September
1, 1978.