{"data":{"id":"us-ky/krs-304.9-720","jurisdiction":"us-ky","citation":"KRS 304.9-720","heading":"Insurers required to engage services of only licensed reinsurance","body":"intermediary brokers.\n(1) An insurer shall not engage the services of any person, firm, association, or\ncorporation to act as a reinsurance intermediary broker on its behalf unless th e\nperson is licensed as required by subsection (1) of KRS 304.9-705.\n(2) An insurer shall not employ an individual who is employed by a reinsurance\nintermediary broker with which it transacts business, unless the reinsurance\nintermediary broker is under co mmon control with the insurer and is subject to\nSubtitle 37 of this chapter.\n(3) The insurer shall annually obtain a copy of statements of the financial condition of\neach reinsurance intermediary broker with which it transacts business.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16973","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:41Z","sha256":"9b5a6fd431f8ffb6874e347a28ac93494d862f7a99ba04b2593571d1984d93d1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.9-715","next":"us-ky/krs-304.9-725"},"notice":"GroundRules: Original legal text. Not legal advice."}