{"data":{"id":"us-ky/krs-304.9-421","jurisdiction":"us-ky","citation":"KRS 304.9-421","heading":"Sharing of commissions.","body":"Except as otherwise provided in KRS 304.52 -030, no agent, consultant, adjuster, or\nsurplus lines broker shall directly or indirectly share his or her commission or other\ncompensation received or to be received on account of a transaction under his or her\nlicense with any individual or business entity not also licensed as agent, consultant,\nadjuster, or surplus lines broker under this subtitle as to the kinds of insurance involved in\nthe transaction. This provision shall not affect personal use of the commis sions or\ncompensation, override commission, payment of the regular salaries due employees of the\nagent, consultant, adjuster, or surplus lines broker, or distribution in the regular course of\nbusiness of compensation and profits among members, employees, o r stockholders of\nlicensee business entities.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=50986","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:40Z","sha256":"e985bb0049a85482ab5efca3ba469dd073f18fe51333dd0ca117ce5af88a862b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.9-420","next":"us-ky/krs-304.9-425"},"notice":"GroundRules: Original legal text. Not legal advice."}