Ky. Rev. Stat. § 342.831

Current through 2024 Ky. Acts ch. 225

Section 342.831 - Marketing and sales agents - Commissions

(1) For marketing and sales purposes, the authority shall utilize only agents duly and legally licensed and in good standing in accordance with the provisions of KRS Chapter 304 to sell coverage provided by the authority. The authority shall not be required to appoint agents.

(2) Commissions paid for marketing or sales by an insurance agent shall be determined by the manager, subject to the approval of the board.

KRS 342.831

Effective:6/24/2003
Amended 2003, Ky. Acts ch. 168, sec. 1, effective6/24/2003. -- Created 1994 Ky. Acts ch. 181, Part 12, sec. 54, effective 4/4/1994.