KRS 304.99-100: Renewal or reissuance of licenses contingent on payment of penalty

equal to biennial fee specified in Subtitle 4.

(1) The appointment of an agent, including a rental vehicle agent and rental vehicle

agent managing employee, may be renewed by an insurer under KRS 304.9 -270(9)

if the request and late payment for renewal is accompanied by a penalty equal to the

amount of the biennial renewal fee specified in Subtitle 4 of this chapter.

(2) A license issued under Subtitle 9 of this chapter, sur plus lines broker license, life

settlement broker license, and life settlement provider license may be reissued

under KRS 304.9 -260(2) if the request and late payment for reissue are

accompanied by a penalty equal to the amount of the biennial renewal fee specified

in Subtitle 4 of this chapter.