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2014 Kentucky Revised Statutes
CHAPTER 304 - INSURANCE CODE
Subtitle 27 - Reciprocal Insurers
27.27-200 Subscriber's liability on judgments.

KY Rev Stat § 27.27-200 (2014) What's This?

Download as PDF 304.27-200 Subscriber's liability on judgments. (1) (2) No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for thirty (30) days. Any such judgment shall be binding upon each subscriber only in such proportion as his interest may appear and in an amount not exceeding his contingent liability, if any. Effective:June 18, 1970 History: Created 1970 Ky. Acts ch. 301, subtit. 27, sec. 20, effective June 18, 1970.

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