There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 27. Reciprocal Insurers
304.27.260 Subscribers' share in assets.
Download pdfof its indebtedness and policy obligations, the return of any contributions of the attorney
or other persons to its surplus, and the return of any unused premium, savings, or credits
then standing on subscribers' accounts, shall be distributed to its subscribers who were
such within the twelve (12) months prior to the last termination of its certificate of
authority, according to such reasonable formula as the commissioner may approve. Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1385, effective July 15, 2010. -- Created 1970 Ky. Acts ch. 301, subtit. 27, sec. 26, effective June 18, 1970.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.