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; and

2.

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.)

7-Year Expiration: 2/28/2027

Last Updated: 12/15/2021


Page Generated: 9/19/2024, 12:15:11 PM