KRS 304.12-160: Certain fees for handling insurance transactions in connection with

loans prohibited.

No person who makes a loan on real or personal property shall in connection with such a

transaction make any separate charge or require a fee or payment of any mo ney for the

substitution by a borrower or a mortgagor or a purchaser of one insurance policy on the

property for an existing policy on the property when the existing or substituted policy is

provided through an insurer or insurance agent licensed to do business in the state.