KRS 304.2-360: Order on hearing.

(1) In the conduct of hearings under this code and making a final order thereon, the

commissioner shall act in a quasijudicial capacity and in accordance with the

provisions of this chapter and KRS Chapter 13B.

(2) With respect to hearings held concerning merg er, consolidation, bulk reinsurance,

conversion, affiliation, or change of control of a domestic insurer as provided in

Subtitle 24, or in Subtitle 37 of this chapter, where notice of the hearing was given

to all stockholders and policyholders or to all st ockholders of an insurer involved,

the commissioner is required to give a copy of the order on hearing to the

corporation and insurer parties, to intervening parties, to a reasonable number of

stockholders or policyholders as representative of the class, and to other parties only

upon written request of such parties.

(3) A final order may require that restitution be made to any person aggrieved by a

violation of any provisions of this chapter, any statute administered by the

commissioner, or any regulation of the commissioner.

(4) An order prepared by the commissioner's designee and approved in writing by the

commissioner shall be considered the commissioner's order.