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Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 286.4-500.Notice of license denial; administrative complaint; hearings and final orders; findings; service by certified mail

Current as of January 01, 2025 | Updated by Findlaw Staff

(1)(a) Notice of entry of any order denying a license shall be in writing and served personally or sent by certified mail to the last known address of the applicant.

(b) A person whose application has been denied may, within twenty (20) days of service of the notice, submit a written petition to the commissioner requesting a hearing. The hearing shall be held in accordance with KRS Chapter 13B.

(c) If no written petition is received, the commissioner may enter a final order denying the license.

(2)(a) The commissioner may file an administrative complaint against any person or licensee that the commissioner believes has or may have violated this subtitle and the violation of which is subject to the penalties set forth in KRS 286.4-490 or 286.4-990.

(b) 1. The commissioner shall serve an administrative complaint against a person or licensee personally or by certified mail, return receipt requested, postage prepaid, to the last known address of each person or licensee named in the complaint.

2. The person or licensee named in the complaint shall be entitled to a hearing on the complaint, held in accordance with KRS Chapter 13B. A written request for a hearing shall be submitted to the department, along with a written answer to the complaint, within twenty (20) days of being served the complaint.

3. If a written answer and request for hearing are not filed within twenty (20) days of being served the complaint, the person or licensee shall be deemed to have waived the hearing and the commissioner may enter a final order granting the relief requested in the complaint.

(3) Whenever the commissioner denies any application for a license or assesses any of the penalties set forth in KRS 286.4-490 or 286.4-990, the commissioner shall file in his or her office a written order to that effect, stating his or her findings with respect to the order and the reasons for the action.

(4) Any final order shall be served in the same manner as an administrative complaint under subsection (2) of this section.

(5) Service by certified mail under this subtitle shall be deemed complete as provided in KRS 13B.050(2).

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 286.4-500.Notice of license denial; administrative complaint; hearings and final orders; findings; service by certified mail - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xxv-business-and-financial-institutions/ky-rev-st-sect-286-4-500/

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