{"data":{"id":"us-ky/krs-304.3-160","jurisdiction":"us-ky","citation":"KRS 304.3-160","heading":"Issuance -- Refusal of authority -- Ownership of certificate.","body":"(1) If upon completion of its application the commissioner finds that the insurer has\nmet the requirements therefor under this code, including KRS 304.3 -080, the\ncommissioner may, if he or she deems it advisable, issue to the insurer a certificate\nof authority ; otherwise, the commissioner shall issue an order refusing such\ncertificate.\n(2) The certificate of authority, if issued, shall state the insurer's name, the address of its\nprincipal office, the state or country of its organization, and the kinds of insur ance\nthe insurer is authorized to transact in this state. At the insurer's request, the\ncommissioner may issue a certificate of authority limited to particular types of\ninsurance or coverages within a kind of insurance as defined in Subtitle 5.\n(3) Although issued and delivered to the insurer, the certificate of authority at all times\nshall be the property of the State of Kentucky. Upon any expiration, suspension, or\ntermination thereof the insurer shall promptly deliver the certificate to the\ncommissioner.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16713","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:37Z","sha256":"7ac496c2ae69929d4dd3e50b2b9a025bf2f6a9507adda3ed7bc346c04ed72fd8","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.3-150","next":"us-ky/krs-304.3-170"},"notice":"GroundRules: Original legal text. Not legal advice."}