806 KAR 9:060. Identification cards.

      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 promulgate administrative regulations necessary for or as an aid to the effectuation of any provision of the Kentucky Insurance Code. This administrative regulation permits an agent to have an identification card for use when he or she is outside of his or her principal place of business.

      Section 1. (1) An agent licensed pursuant to KRS Chapter 304.9 may obtain from the executive director an identification card issued by the Office of Insurance indicating that the agent is a qualified insurance representative in Kentucky.

      (2) An insurance agent who obtains an identification card pursuant to this administrative regulation shall pay to the executive director in advance a fee of five (5) dollars per application for each card.

      (3) The purpose of an identity card obtained pursuant to this administrative regulation is to identify an insurance agent as a qualified insurance representative while selling, soliciting, or negotiating insurance or annuity contracts outside of his or her principal place of business. (I-9.08; 1 Ky.R. 861; eff. 5-14-75; Am. 9 Ky.R. 611; 779; eff. 12-1-82; 27 Ky.R. 1335; 1804; eff. 1-15-2001; TAm eff. 8-9-2007.)