There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 24. Domestic Stock and Mutual Insurers
304.24.140 Formation of mutual -- Failure to qualify.
Download pdforiginal certificate of authority within one (1) year after the date of its certificate of
incorporation, its corporate powers shall cease, and the commissioner shall return or
cause to be returned to the persons entitled thereto all advance deposits or payments of
premiums held in trust under KRS 304.24-130. Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1330, effective July 15, 2010. -- Created 1970 Ky. Acts ch. 301, subtit. 24, sec. 14, effective June 18, 1970.
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