KRS 304.9-450: Procedure following suspension, revocation, nonrenewal, or denial of

license.

(1) Upon suspension or revocation of any license the commissioner shall notify the

licensee either in person or by mail addressed to the licensee at his or her address

last of record with the commissioner. Notice by mail shall be deemed effectuated

when so mailed. The commissioner shall give like notice to the insurer represented

by the agent, in the case of an agent's license.

(2) The commissioner shall not again issue a l icense under this code to or as to any

individual or business entity whose license has been revoked, until after expiration

of one (1) year and thereafter not until the individual or business entity again

qualifies in accordance with the applicable provisions of this code. An individual or

business entity whose license has been revoked twice shall not again be eligible for

any license under this code.

(3) If the license of a business entity is suspended or revoked, no member, officer, or

director of the bus iness entity shall be licensed or be designated in or as to any

license to exercise the powers thereof during the period of the suspension or

revocation, unless the commissioner determines upon substantial evidence that the

member, officer, or director was not personally at fault and did not acquiesce in the

matter on account of which the license was suspended or revoked.

(4) In the event that the action by the commissioner is to nonrenew or to deny an

application for a license, the commissioner shall notify the applicant or licensee and

advise, in writing, the applicant or licensee of the reason for the denial or

nonrenewal of the applicant's or licensee's license. The applicant or licensee may

make written demand upon the commissioner in accordance with KRS 304.2-310.