For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
INSURANCE COMPANY. Any company authorized to transact insurance business in the state in accordance with KRS Ch. 304. INSURANCE COMPANY shall also include a surplus lines broker licensed in accordance with KRS Ch. 304, Subtitle 10.
LOCAL GOVERNMENT. A city, county, charter county, consolidated local government, urban- county government or unified local government that, by this chapter, imposes a license fee or tax upon insurance premium receipts.
(Ord. 2016-02, passed 2-16-2016)