KRS 304.27-050: Attorney.
Where this section sits in the code
(1) "Attorney," as used in this subtitle, refers to the attorney -in-fact of a reciprocal
insurer. The attorney may be an individual, firm or corporation.
(2) The attorney of a foreign reciprocal insurer, which insurer is duly authorized to
transact insurance in this state, shall not, by virtue of discharge of its duties as such
attorney with respect to the insurer's transactions in this state, be thereby deemed to
be doing business in this state within the meaning of any laws of this state applying
to foreign persons, firms or corporations.
(3) The subscribers and the attorney -in-fact comprise a reciprocal insurer and a single
entity for the purposes of Subtitle 24 as to all operations under the insurer's
certificate of authority.
Collected 2026-09-05T20:57:52Z. Source file · JSON