There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 33. Insurers Rehabilitation and Liquidation
304.33.560 Claims of nonresidents against insurers domiciled in this state.
Download pdfreciprocal states must file claims in this state, and claimants residing in reciprocal
states may file claims either with the ancillary receivers, if any, in their respective
states, or with the domiciliary liquidator. Claims must be filed on or before the last
dates fixed for the filing of claims in the domiciliary liquidation proceeding. (2) Proving claims. Claims belonging to claimants residing in reciprocal states may be proved either in the liquidation proceeding in this state as provided in this subtitle,
or in ancillary proceedings, if any, in the reciprocal states. If notice of the claim and
opportunity to appear and be heard is afforded the domiciliary liquidator of this
state as provided in KRS 304.33-570 with respect to ancillary proceedings in this
state, the final allowance of claims by the courts in ancillary proceedings in
reciprocal states shall be conclusive as to amount and as to priority against special
deposits or other security located in the ancillary states, but shall not be conclusive
with respect to priorities against general assets under KRS 304.33-430. Effective: June 18, 1970
History: Created 1970 Ky. Acts ch. 301, subtit. 33, sec. 56, effective June 18, 1970.
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