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KRS 342.831

Marketing and sales agents -- Commissions

Effective: June 24, 2003 History: Amended 2003 Ky

(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.

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