KRS 299.330: Territory in which company may do business -- Change -- Removal of

office.

(1) No company shall insure any property located outside the limits of the territory

comprised in its certificate of incorporation, except that when a member lives on or

near the boundary line and has property both within and without the prescribed

boundary, his property without the boundary may be insured.

(2) Any company, by a majority vote of its membership, or by a majority vote of its

board of directors at any meeting where there is a legal quorum of directors in

session, may change the territory in which it is incorporated to do business to as few

or as many counties in this state as it may see fit to include in its territory. The

change of territory shall be effective upon the members of the board of directors

filing a proper certificate of such action with the commissioner.

(3) The board of directors may, by resolution duly passed at any regular meeting,

remove the office of the company to any municipality in which it is authorized to do

business. The removal shall not be made until after the expirati on of five (5) days

from the passage of the resolution and the filing of a copy in the office of the

commissioner.