KRS 299.420: Maximum liability of policyholders for assessments.

If the amount of the deposit notes and cash belonging to a company is not sufficient to

pay the amount due at any one (1) time to the policyholders on account of losses

occasioned by the risks insured against, the limit of liability of each policyholder on any

assessment that may be required to meet the deficit shall not exceed the following rates

and amounts: Upon each policyholder of a company having less than five hundred

thousand dollars ($500,000) of insurance in force, ten dollars ($10) for each one h undred

dollars ($100) of insurance he has in the company; upon each policyholder of a company

having over five hundred thousand dollars ($500,000) but less than one million dollars

($1,000,000) insurance in force, five dollars ($5) for each one hundred dol lars ($100)

insurance he has in the company; upon each policyholder of a company having over one

million dollars ($1,000,000) but less than two million dollars ($2,000,000) insurance in

force, three dollars ($3) for each one hundred dollars ($100) insuranc e he has in the

company; and upon each policyholder of a company having over two million dollars

($2,000,000) of insurance in force, two dollars ($2) for each one hundred dollars ($100)

insurance he has in the company.