Ky. Rev. Stat. § 304.44-070

Current through 2024 Ky. Acts ch. 225
Section 304.44-070 - Ceding commission

The proportion of total subsidence insurance premiums collected by each insurer which shall be retained by the insurer as a ceding commission shall be fixed by the administrator. The remainder of the premiums shall be remitted by the insurer to the administrator. The ceding commission shall be based on reasonable administrative costs to the insurer, including agents' commissions.

KRS 304.44-070

Effective:7/13/1984
Created 1984 Ky. Acts ch. 167, sec. 7, effective7/13/1984.