There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 37. Insurance Holding Company Systems
304.37.070 Receivership.
Download pdfthis subtitle which so impairs the financial condition of a domestic insurer as to threaten
insolvency or make the further transaction of business by it hazardous to its
policyholders, creditors, shareholders, or the public, then the commissioner may proceed
as provided in KRS Chapter 304 to take possession of the property of such domestic
insurer and to conduct the business thereof. Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1478, effective July 15, 2010. -- Created 1972 Ky. Acts ch. 52, sec. 7, effective June 16, 1972.
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