Title 806 | Chapter 009 | Regulation 265
806 KAR 9:265.Rental vehicle agent license.
Section 1.
License Application. To apply for a rental vehicle agent license, an applicant shall submit:(1)
The appropriate completed form:(a)
For individual managing employees, Form 8301, incorporated by reference in 806 KAR 9:025;(b)
For Business Entities, Form 8301-BE, incorporated by reference in 806 KAR 9:025; and(c)
Listings, signed by the rental vehicle agent applicant, of:1.
All business locations proposed to be licensed; and2.
The name and assigned licensed managing employee for each business location.(2)
The corresponding fees established by 806 KAR 4:010.Section 2.
Register.(1)
A licensed rental vehicle agent shall maintain a register that includes:(a)
A current list of every unlicensed employee authorized to act under the license;(b)
Records of all prelicensing study and course examinations completed by managing employees; and(c)
Records of all disclosure training completed by unlicensed employees pursuant to KRS 304.9-507(1)(e).(2)
The register shall be made available to the department upon request.Section 3.
Licensed Rental Vehicle Agent Responsibilities. The licensed rental vehicle agent shall:(1)
Provide a prelicensing course of study for its managing employees, approved by the commissioner;(2)
Administer an examination to managing employees that is approved by the commissioner and that includes at least twenty-five (25) questions on the topics in the department's course outline. The managing employee applicant shall attain a score of seventy (70) percent or better to pass the examination and be eligible for the license;(3)
Be responsible for the insurance activities of its licensed managing employees and its unlicensed employees and representatives; and(4)
Report all material changes and additions to the department within thirty (30) days.HISTORY: (27 Ky.R. 2969; Am. 3250; eff. 6-8-2001; 32 Ky.R. 321; 881; eff. 12-2-05; Crt eff. 2-28-2020; 46 Ky.R. 1368; 2083; eff. 4-1-2020.)
806 KAR 9:265.Rental vehicle agent license.
Section 1.
License Application. To apply for a rental vehicle agent license, an applicant shall submit:(1)
The appropriate completed form:(a)
For individual managing employees, Form 8301, incorporated by reference in 806 KAR 9:025;(b)
For Business Entities, Form 8301-BE, incorporated by reference in 806 KAR 9:025; and(c)
Listings, signed by the rental vehicle agent applicant, of:1.
All business locations proposed to be licensed; and2.
The name and assigned licensed managing employee for each business location.(2)
The corresponding fees established by 806 KAR 4:010.Section 2.
Register.(1)
A licensed rental vehicle agent shall maintain a register that includes:(a)
A current list of every unlicensed employee authorized to act under the license;(b)
Records of all prelicensing study and course examinations completed by managing employees; and(c)
Records of all disclosure training completed by unlicensed employees pursuant to KRS 304.9-507(1)(e).(2)
The register shall be made available to the department upon request.Section 3.
Licensed Rental Vehicle Agent Responsibilities. The licensed rental vehicle agent shall:(1)
Provide a prelicensing course of study for its managing employees, approved by the commissioner;(2)
Administer an examination to managing employees that is approved by the commissioner and that includes at least twenty-five (25) questions on the topics in the department's course outline. The managing employee applicant shall attain a score of seventy (70) percent or better to pass the examination and be eligible for the license;(3)
Be responsible for the insurance activities of its licensed managing employees and its unlicensed employees and representatives; and(4)
Report all material changes and additions to the department within thirty (30) days.HISTORY: (27 Ky.R. 2969; Am. 3250; eff. 6-8-2001; 32 Ky.R. 321; 881; eff. 12-2-05; Crt eff. 2-28-2020; 46 Ky.R. 1368; 2083; eff. 4-1-2020.)