Authority under license -- Assignability
Known as the Reinsurance Intermediary Act
The act spans §§ 304.9-010 to 304.9-784 (110 sections).
Effective: June 18, 1970 History: Created 1970 Ky
(1) Every license under this subtitle shall by virtue of such license have the right to transact business as authorized by the license throughout the Commonwealth of Kentucky.
(2) No such license, or registration under a firm or corporation license as provided by KRS 304.9-130 shall be assignable or transferable to another.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.