KRS 304.23-030: Outstanding liability -- Amount.
Where this section sits in the code
A mortgage guaranty insurer shall not at any time have outstanding a total liability net of
reinsurance, in excess of twenty -five (25) times its capital, unassigned funds and
contingency reserve. It shall not insure loans secured by properties in a single housing
tract or a contiguous tract (not separated by more than one -half (1/2) mile) in excess of
ten percent (10%) of its capital, unassigned funds and contingency reserve.
Collected 2026-09-05T20:57:50Z. Source file · JSON