Whenever any licensed company writing blanket bonds on banks or credit unions in the Commonwealth intends to cancel, terminate or not renew the bond of any bank or credit union, it shall notify the Department of Financial Institutions of its intention to cancel, terminate or not renew any such bond not less than thirty (30) days prior to the effective date of such action.
KRS 304.21-090
Amended 2010, Ky. Acts ch. 24, sec. 1319, effective7/15/2010. -- Created 1978 Ky. Acts ch. 13, sec. 1, effective 6/17/1978.