{"data":{"id":"us-ky/krs-304.19-210","jurisdiction":"us-ky","citation":"KRS 304.19-210","heading":"Refund or credit of unearned premiums upon cancellation --","body":"Calculation of unearned premiums.  (Effective July 15, 2026)\n(1) Upon cancellation of credit personal property insurance for any reason prior to the\nscheduled maturity date of the inde btedness, the insurer shall promptly refund or\ncredit the debtor any unearned premium in accordance with subsection (2) of this\nsection, except an insurer shall not be required to refund or credit an amount of less\nthan five dollars ($5).\n(2) (a) Except as  provided in paragraph (b) of this subsection, the method of\ncalculating unearned premium due under subsection (1) of this section shall\nbe the method in the credit personal property insurance policy, certificate,\nplan, or contract as filed with the commissioner before or after July 15, 2026.\n(b) If a method for calculating unearned premium due under subsection (1) of this\nsection is not set forth in the credit personal property insurance policy,\ncertificate, plan, or contract, the method shall be the metho d set forth in the\nunderlying credit transaction for the refund of finance charges.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57199","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:50Z","sha256":"edf056a306425024ebecb7174a360c6cf06f5c090c08a2420b7d5b3a21dbd815","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.19-208","next":"us-ky/krs-304.19-212"},"notice":"GroundRules: Original legal text. Not legal advice."}