{"data":{"id":"us-ky/krs-304.9-507","jurisdiction":"us-ky","citation":"KRS 304.9-507","heading":"Conditions under which license authorizes employee or representative to","body":"transact business -- Licensee may not hold self out as insurance agent without\napplicable license.\n(1) A license issued to a business entity under KRS 304.9 -505 shall authorize an\nemployee or representative of the business entity licensee to sell, solicit, or\nnegotiate rental vehicle insurance without being licensed, registered, or otherwise\nindividually identified, if all of the following are true:\n(a) The employee, representati ve, or managing employee operates with\npermission from the business entity licensee;\n(b) The business entity licensee assumes responsibility for the insurance activities\nof its unlicensed employees, representatives, or managing employees;\n(c) The employee or representative operates under the supervision of a managing\nemployee who is licensed as a rental vehicle agent and who shall be available\nat all times for consultation for and adequate supervision of the business\nlocations registered with the commission er during the sale, solicitation, or\nnegotiation of rental vehicle insurance. However, a managing employee need\nnot be present at each business location registered with the commissioner;\n(d) The business entity maintains an adequate number of managing empl oyees\navailable for consultation and supervision for the employees or representatives\noffering insurance products;\n(e) The employee, representative, or managing employee has been instructed by\nthe rental vehicle agent with respect to the consumer disclosur es that are\nrequired under KRS 304.9-509 prior to the sale of the rental vehicle insurance;\n(f) The employee or representative is not primarily compensated based on the\namount of insurance sold by the employee or representative; and\n(g) The business location is registered with the commissioner.\n(2) A licensee shall not advertise, represent, or otherwise hold out the licensee or any\nemployee or representative of the licensee as a licensed insurance agent under\nanother section of this subtitle, unless the ent ity or individual actually holds the\napplicable license.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16965","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:41Z","sha256":"09a64867eb86d2cec67bc1a183a6a054584876ee4fa866126bd4d5043c1b3de7","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.9-505","next":"us-ky/krs-304.9-509"},"notice":"GroundRules: Original legal text. Not legal advice."}