Reports of past-due loans and loans in foreclosure to early warning analyst
Known as the Controlling Agents Act
The act spans §§ 304.3-010 to 304.3-768 (79 sections).
Effective: July 15, 1994 History: Created 1994 Ky
(1) Loans that are more than ninety (90) days past due shall be reported in writing by a domestic insurer to the early warning analyst created in KRS 304.2-065.
(2) Loans in foreclosure shall be reported to the early warning analyst in writing by a domestic insurer when the foreclosure action is initiated.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.