KRS 304.27-260: Subscribers' share in assets.

Upon the liquidation of a domestic reciprocal insurer, its assets remaining after discharge

of its indebtedness and policy obligations, the return of any contributions of the attorney

or other persons to its surplus, and the return of any unused premium, s avings, or credits

then standing on subscribers' accounts, shall be distributed to its subscribers who were

such within the twelve (12) months prior to the last termination of its certificate of

authority, according to such reasonable formula as the commissioner may approve.