Summary of Original Version

Amend KRS 367.410 to define "department"; amend KRS 367.450 to provide that sellers of goods or services related to insurance or service contracts who are regulated by the Department of Insurance are exempt from requirements related to home solicitation sales.

Summary of Amendment: House Committee Substitute 1

Summary Retain original provisions, except delete definition of "department" and insert definition of "affiliate"; exempt sales of certain service contracts, and goods or services related to insurance or a service contract, if the seller is, or the seller is an affiliate of a person that is, licensed by, registered with, or otherwise regulated by the Department of Insurance; make technical corrections.

Statutes affected:
Introduced: 367.410, 367.450
Acts Chapter 47: 367.450
House Committee Substitute 1: 367.450
Current/Final: 367.450
Current: 367.450