KRS 304.9-371: Written agreement of administrator.

(1) No administrator shall act as such without a written agreement between the

administrator and the insurer. Such written agreement shall be retained as part of the

official records of both parties to the transaction for the duration of the agreement

and at l east five (5) years thereafter. Such written agreement shall contain

provisions which include the requirements of KRS 304.9 -372 to 304.9-377, except

insofar as those requirements do not apply to the functions performed by the

administrator.

(2) Where a contract is issued to a trustee or trustees, a copy of the trust agreement and

any amendments thereto shall be furnished to the insurer by the administrator and

shall be retained as part of the official records of both parties for the duration of the

contract and at least five (5) years thereafter.