Pursuant to KRS 91A.080, willful failure to properly collect and remit the license fees or taxes imposed by this chapter may constitute grounds for the revocation of the license issued to an insurance company or agent under the provisions of KRS Chapter 304 or may result in other penalties being imposed by the state’s Office of Insurance.
(Ord. 2, passed 3-21-2019)
Statutory reference:
For penalties for violations, see KRS 304.2-140