KRS 304.27-170: Who may be subscribers.

(1) Individuals, partnerships and corporations of this state may make application, enter

into an agreement for, and hold policies or contracts in or with, and be a subscriber

of any domestic, foreign or alien reciprocal insurer. Any corporation organized

under the laws of this state shall, in addition to the rights, powers and franchises

specified in its articles of incorporation, have full power and authority as a

subscriber to exchange insurance contracts through such reciprocal insurer. The

right to exchange such contracts is hereby declared to be incidental to the purposes

for which such corporations are organized and to be as fully granted as the rights

and powers expressly conferred upon such corporations.

(2) Government or governmental agencies, a state or political subdivisions thereof,

boards, associations, estates, trustees or fiduciaries are authorized to exchange

nonassessable reciprocal interinsurance contracts with each other and with

individuals, partnerships and corporations to the same extent th at individuals,

partnerships and corporations are authorized in this subtitle to exchange reciprocal

interinsurance contracts.

(3) Any officer, representative, trustee, receiver or legal representative of any such

subscriber shall be recognized as acting for or on its behalf for the purpose of such

contracts but shall not be personally liable upon such contracts by reason of acting

in such representative capacity.