KRS 304.32-235: Suspension or revocation of certificate of authority.

(1) If the certificate of authority of a corporation is suspended, the corporation shall not,

during the period of suspension, enroll any additional subscribers or members

except newborn children or other newly acquired dependents of existing subscribers

or members, and shall not engage in any advertising or solicitation whatsoever.

(2) If the certificate of authority of a corporation is revoked, the corporation shall

proceed, immediately following the effective date of the order of revocation, to

wind up its affairs, and shall conduct no further business except as may be essential

to the orderly conclusion of the affairs of the corporation. It shall engage in no

further advertising or solicitation whatsoever. The commissioner may, by written

order, permit furth er operation of the corporation as the commissioner may find to

be in the best interest of subscribers or members, to the end that subscribers or

members will be afforded the greatest practical opportunity to obtain continuing

coverage. If the commissioner permits further operation, the corporation shall

continue to collect the dues and fees required of subscribers or members.