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KRS 304.13-111

Advisory organization or statistical agent activities prohibited

Effective: July 14, 2000 History: Amended 2000 Ky

No advisory organization or statistical agent shall:

(1) Make an agreement with an insurer or another advisory organization that has the purpose or effect of substantially lessening competition in an insurance market; or (2) After January 1, 1983, compile or distribute recommendations relating to rates that include profit or expenses, except loss adjustment expenses.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.