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Kentucky · Snapshot 09/05/2026

KRS 304.27-140: Contributions to insurer.

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Where this section sits in the code

    The attorney or other parties may advance to a domestic reciprocal insurer upon

    reasonable terms such funds as it may require from time to time in its operations. Sums so

    advanced shall not be treated as a liability of the insurer, and except upon liquidat ion of

    the insurer, shall not be withdrawn or repaid except out of the insurer's realized earned

    surplus in excess of its minimum required surplus. No such withdrawal or repayment

    shall be made without the advance approval of the commissioner. This section does not

    apply to bank loans, or to other loans made upon security.

    Collected 2026-09-05T20:57:52Z. Source file · JSON

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