Section 304.99-100 - Renewal or reissuance of licenses contingent on payment of penalty equal to biennial fee specified in Subtitle 4(1) The appointment of an agent, including rental vehicle agent, rental vehicle managing employee, specialty credit producer, and specialty credit managing employee, may be renewed by an insurer under KRS 304.9-270(9) if the request and late payment for renewal is accompanied by a penalty equal to the amount of the biennial renewal fee specified in Subtitle 4 of this chapter.(2) A license issued under Subtitle 9 of this chapter, surplus lines broker license, life settlement broker license, and life settlement provider license may be reissued under KRS 304.9-260(2) if the request and late payment for reissue are accompanied by a penalty equal to the amount of the biennial renewal fee specified in Subtitle 4 of this chapter.Effective:7/15/2008
Amended 2008, Ky. Acts ch. 32, sec. 26, effective7/15/2008. -- Amended 2005, Ky. Acts ch. 143, sec. 24, effective 6/20/2005. -- Amended 2002, Ky. Acts ch. 273, sec. 53, effective 7/15/2002. -- Amended 1988 Ky. Acts ch. 310, sec. 41, effective 1/1/1989. -- Created 1982 Ky. Acts ch. 320, sec. 45, effective 7/15/1982.