Commissioner's certificate as to withdrawing insurer

If a theretofore authorized surety insurer withdraws from this state or if its certificate of authority is terminated, the commissioner shall give notice thereof forthwith by mailing a certificate of such fact to the county clerk of each county in this state. Upon receipt of the certificate the county clerk shall enter a notation across the face of the record of the certificate of authority of the insurer as referred to in KRS 304.21-020, showing the withdrawal of the insurer or the termination of its certificate of authority, as the case may be, together with the date thereof.