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§ 304-21-040 — Kentucky Law | CourtGPT
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Kentucky Legal Code

§ 304-21-040

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304.21 -040 Justification of surety -- Commissioner's certificate as evidence. (1) The commissioner is authorized to issue to any person applying therefor, a certificate showing that any surety insurer that has complied with the laws of this state, is qualified to do a surety business in this state, and stating the general terms of the r isks authorized to be so written. (2) Any such certificate or any certified copy of any uncanceled certificate shall be received in evidence as a sufficient justification of such surety and its authority to do business in this state; provided, however, tha t the certificate of the county clerk to any such certified copy, or any certificate furnished directly by the commissioner to an applicant therefor, must bear a date the same as, or later than the date of the bond, undertaking or obligation upon which jus tification is being made. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1318, effective July 15, 2010. -- Amended 1978 Ky. Acts ch. 384, sec. 467, effective June 17, 1978. -- Created 1970 Ky. Acts ch. 301, subtitle 21, sec. 4, effect ive June 18, 1970.