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2016 Kentucky Revised Statutes
CHAPTER 304 - INSURANCE CODE
Subtitle 24 - Domestic Stock and Mutual Insurers
304.24-180 Rights of mutual members in general.

KY Rev Stat § 304.24-180 (2016) What's This?

Download as PDF 304.24-180 Rights of mutual members in general. (1) (2) A domestic mutual insurer is owned by and shall be operated in the interest of its members. With respect to the management, records and affairs of the insurer, a member of a mutual insurer shall have the same character of rights and relationship as a stockholder has toward a domestic stock insurer, subject to the provisions of this code. Effective: June 18, 1970 History: Created 1970 Ky. Acts ch. 301, subtit. 24, sec. 18, effective June 18, 1970.

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