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2013 Kentucky Revised Statutes
CHAPTER 304 - INSURANCE CODE
Subtitle 49 - Captive Insurers
49.49-210 Permissible participants in sponsored captive insurer.


KY Rev Stat § 49.49-210 (2013) What's This?

Download as PDF 304.49-210 Permissible participants in sponsored captive insurer. (1) (2) (3) (4) Associations, corporations, limited liability companies, partnerships, trusts, and other business entities may be participants in any sponsored captive insurer formed or issued a certificate of authority under KRS 304.49-010 to 304.49-230. A sponsor may be a participant in a sponsored captive insurer. A participant need not be a shareholder of the sponsored captive insurer or any affiliate thereof. A participant shall insure only its own risks through a sponsored captive insurer. Effective:July 14, 2000 History: Created 2000 Ky. Acts ch. 434, sec. 21, effective July 14, 2000.

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