806 KAR 9:050. Agent's records.

 

      RELATES TO: KRS 304.9-390

      STATUTORY AUTHORITY: KRS 304.2-110

      NECESSITY, FUNCTION, AND CONFORMITY: KRS 304.2-110 provides that the Executive Director of the Office of Insurance may make reasonable rules and administrative regulations necessary for or as an aid to the effectuation of any provisions of the Kentucky Insurance Code. This administrative regulation clarifies the record requirement in KRS 304.9-390(3).

 

      Section 1. Retention of a true copy of the daily report shall be deemed in compliance with KRS 304.9-390(3). (I-9.05; 1 Ky.R. 861; eff. 5-14-75; TAm eff. 8-9-2007.)