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Delinquency charges

KRS 304.30-100
in effect
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304.30-100. Delinquency charges A premium finance agreement may provide for the payment by the insured of a delinquency charge of one dollar ($1) to a maximum of five percent (5%) of the delinquent installment which is in default for a period of five (5) days or more. Effective: June 18, 1970 History: Created 1970 Ky. Acts ch. 301, subtit. 30, sec. 10, effective June 18, 1970.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29754Fetched: 10/20/2026

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