There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 7. Investments
304.7.320 Protective agreements and reorganization securities.
Download pdfwhich issued or is obligated on account of the securities, and may deposit the
securities with a committee appointed under an agreement. (2) An insurer may accept corporate stocks, bonds or other securities distributed in accordance with the agreement or reorganization. Any securities so received which
are otherwise ineligible as investments of the insurer shall be disposed of as
provided in KRS 304.7-014. Effective: July 14, 2000
History: Amended 2000 Ky. Acts ch. 388, sec. 32, effective July 14, 2000. -- Created 1970 Ky. Acts ch. 301, subtit. 7, sec. 32, effective June 18, 1970.
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