Section 286.8-100 - Branch offices(1) No licensee shall establish or maintain a branch transacting business in Kentucky, either directly or indirectly, without:(a) Filing the application as described in KRS 286.8-032(5); and(b) Receiving prior written approval of the commissioner.(2) Each application for approval of the establishment and maintenance of a branch shall state:(a) The physical address of the proposed location;(b) The functions to be performed; and(c) Other information the commissioner may require if different from that contained in the original application for a license or registration.(3) Each application under this section shall be sworn to by the applicant.(4) Upon the receipt of an application, if the commissioner finds that the applicant is otherwise in compliance with the provisions of this subtitle, the commissioner shall approve the application.(5) The commissioner may deem an application abandoned and subject to KRS 286.8-090 when: (a) The application is received incomplete; and(b) The applicant fails to: 1. Provide any required information under this subtitle; or2. Respond to a request by the commissioner for further information.Amended by 2022 Ky. Acts ch. 125,§ 7, eff. 7/13/2022.Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 776, effective7/15/2010. -- Amended 2009, Ky. Acts ch. 104, sec. 10, effective 6/25/2009. -- Amended 2008, Ky. Acts ch. 175, sec. 10, effective 4/24/2008. -- Amended 1998, Ky. Acts ch. 197, sec. 10, effective 7/15/1998. -- Amended 1992 Ky. Acts ch. 77, sec. 8, effective 7/14/1992. -- Amended 1986 Ky. Acts ch. 461, sec. 12, effective 7/15/1986. --Created 1980 Ky. Acts ch. 365, sec. 11, effective 7/15/1980.