{"data":{"id":"us-ky/krs-304.30-020","jurisdiction":"us-ky","citation":"KRS 304.30-020","heading":"Definitions.","body":"For the purpose of this subtitle:\n(1) The term \"insurance premium finance company\" or \"premium finance company\"\nmeans a person engaged in the business of entering into insurance premium finance\nagreements.\n(2) The term \"premium finance agreement\" means an agreement by which an insured or\nprospective insured promises to pay to a premium finance company the amount\nadvanced or to be advanced under the agreement to an insurer or to an insurance\nagent in payment of premiums on an insurance contract together with a service\ncharge as authorized and limited by this subtitle.\n(3) The term \"licensee\" means a premium finance company, holding a license issued by\nthe commissioner under this subtitle.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29746","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:53Z","sha256":"806f371ccf69fe4d7f65e68dde98786c38cbfb8b2313ab745864b5d3bc969986","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.30-010","next":"us-ky/krs-304.30-030"},"notice":"GroundRules: Original legal text. Not legal advice."}
