KRS 304.27-140: Contributions to insurer.
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the insurer, shall not be withdrawn or repaid except out of the insurer's realized earned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