KRS 304.3-125: Authority for commissioner to require additional capital and surplus.

The commissioner is hereby granted authority to adopt administrative regulations, up to

the standards prescribed by the National Association of Insurance Commissioners,

covering requirements for additional capital and surplus based on the kind, type, volum e,

and nature of insurance business transacted, if and when any regulations are promulgated

and adopted by the National Association of Insurance Commissioners as its model

regulation on the subject and as a requirement for departmental certification by the

association.