{"data":{"id":"us-ky/krs-304.9-450","jurisdiction":"us-ky","citation":"KRS 304.9-450","heading":"Procedure following suspension, revocation, nonrenewal, or denial of","body":"license.\n(1) Upon suspension or revocation of any license the commissioner shall notify the\nlicensee either in person or by mail addressed to the licensee at his or her address\nlast of record with the commissioner. Notice by mail shall be deemed effectuated\nwhen so mailed. The commissioner shall give like notice to the insurer represented\nby the agent, in the case of an agent's license.\n(2) The commissioner shall not again issue a l icense under this code to or as to any\nindividual or business entity whose license has been revoked, until after expiration\nof one (1) year and thereafter not until the individual or business entity again\nqualifies in accordance with the applicable provisions of this code. An individual or\nbusiness entity whose license has been revoked twice shall not again be eligible for\nany license under this code.\n(3) If the license of a business entity is suspended or revoked, no member, officer, or\ndirector of the bus iness entity shall be licensed or be designated in or as to any\nlicense to exercise the powers thereof during the period of the suspension or\nrevocation, unless the commissioner determines upon substantial evidence that the\nmember, officer, or director was not personally at fault and did not acquiesce in the\nmatter on account of which the license was suspended or revoked.\n(4) In the event that the action by the commissioner is to nonrenew or to deny an\napplication for a license, the commissioner shall notify the applicant or licensee and\nadvise, in writing, the applicant or licensee of the reason for the denial or\nnonrenewal of the applicant's or licensee's license. The applicant or licensee may\nmake written demand upon the commissioner in accordance with KRS 304.2-310.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16953","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:40Z","sha256":"2ca0a333e93feb1fa58a16b0a449a0042ec7ba866b175211a52fabcae45b6890","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.9-440","next":"us-ky/krs-304.9-455"},"notice":"GroundRules: Original legal text. Not legal advice."}