KRS 304.27-220: Time limit for assessments.

Every subscriber of a domestic reciprocal insurer having contingent liability shall be

liable for, and shall pay his or her share of any assessment, as computed and limited in

accordance with this subtitle, if:

(1) While his or her policy is in force or wi thin one (1) year after its termination, he or

she is notified by either the attorney or the commissioner of his or her intention to

levy such assessment; or

(2) If an order to show cause why a receiver, conservator, rehabilitator or liquidator of

the insurer should not be appointed is issued while his or her policy is in force or

within one (1) year after its termination.