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Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 304.3-762.Powers of commissioner

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

(1)(a) The commissioner shall have the power to examine and investigate the affairs of any licensee to determine whether the licensee has been or is engaged in any conduct in violation of KRS 304.3-756, 304.3-758, or 304.3-760.

(b) The power granted to the commissioner under this subsection shall be in addition to the powers of the commissioner under KRS 304.2-100.

(c) Any investigation or examination conducted under this subsection shall be conducted pursuant to KRS 304.2-210.

(2) If the commissioner has reason to believe that a licensee has been or is engaged in conduct in this state that violates KRS 304.3-756, 304.3-758, or 304.3-760, the commissioner may take action that is necessary or appropriate to enforce the relevant provisions.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 304.3-762.Powers of commissioner - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xxv-business-and-financial-institutions/ky-rev-st-sect-304-3-762/

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