Kentucky Administrative Regulations
Title 806 - PUBLIC PROTECTION CABINET - DEPARTMENT OF INSURANCE
Chapter 30 - Insurance Premium Finance Companies
Section 806 KAR 30:100 - Time limit for insurance premium finance company responses to Office of Insurance inquiries

Universal Citation: 806 KY Admin Regs Service 30:100

Current through Register Vol. 50, No. 9, March 1, 2024

RELATES TO: KRS 304.30-050, 304.30-060

NECESSITY, FUNCTION, AND CONFORMITY: KRS 304.2-110 provides that the Commissioner of Insurance may make reasonable administrative regulations necessary for or as an aid to the effectuation of any provision of the Kentucky Insurance Code. KRS 304.30-070 provides that the Commissioner of Insurance has the authority to make and enforce such reasonable administrative regulations as may be necessary to make effective the provisions of KRS Chapter 304.30 and to establish the manner in which insurance premium finance companies shall conduct their business. This administrative regulation requires insurance premium finance companies to respond to inquiries from the Department of Insurance within twenty-one (21) days of the date of the inquiry.

Section 1. Insurance premium finance companies shall furnish a complete response to the Department of Insurance within twenty-one (21) days of the date of an Department of Insurance inquiry.

STATUTORY AUTHORITY: KRS 304.2-110, 304.30-070

Disclaimer: These regulations may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.