An application for or an existing certificate of registration of an insurance purchasing outlet may be denied, suspended, or revoked for any reason a penalty could be imposed upon an administrator's license in accordance with KRS 304.9-440. In addition to denial, suspension, or revocation, a civil penalty may also be imposed.
KRS 304.17A-756
Created 2002, Ky. Acts ch. 207, sec. 4, effective7/15/2002.