342.831 Marketing and sales agents -- Commissions.
69 words·~1 min read·
/ky/chapter-342/342-831A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)For marketing and sales purposes, the authority shall utilize only agents duly and
legally licensed and in good standing in accordance with the provisions of KRS
Chapter 304 to sell coverage provided by the authority. The authority shall not be
required to appoint agents.
(2)Commissions paid for marketing or sales by an insurance agent shall be determined
by the manager, subject to the approval of the board.