KRS 304.9-052: Administrator -- License requirements -- Service of process.

(1) No individual or business entity shall in this state be, act as, or hold himself or

herself out to be an administrator unless then licensed as an administrator by the

commissioner.

(2) For the protection of the people of this state, the commissioner shall not issue,

continue, or permit to exist any administrator license for any person unless such

person demonstrates to the satisfaction of the commissioner that the following

standards are met:

(a) If an individual, the applicant has attained the age of twenty-one (21) years;

(b) The applicant is competent, trustworthy, reliable, and of good reputation;

(c) If an individual, the applicant has attained an educational level acceptable to

the commissioner;

(d) The applicant is financially responsible;

(e) The app licant has not had any license issued by the commissioner, or

application therefor, terminated for cause;

(f) The applicant is a resident of Kentucky or is currently licensed and in good

standing in his or her home state;

(g) The applicant has paid the fee prescribed in KRS 304.4-010;

(h) If a business entity, each individual authorized to act for the business entity

under its administrator license shall be designated with the commissioner in

accordance with KRS 304.9-133; and

(i) Administrator licenses shall be renewed in accordance with KRS 304.9-260.