KRS 304.33-110: Commissioner's emergency orders.
Where this section sits in the code
(1) Whenever the commissioner has reasonable cause to believe, and determines that
any insurer has committed or engaged in, or is committing or engaging in or is
about to commit or engage in any act, practice, or transaction that would subject it
to formal delinquency proceedings under this subtitle, the commissioner may make
and serve upon the insurer and any other persons involved an emergency order in
accordance with KRS 13B.125, other than seizure orders under KRS 304.33-120, as
is reasonably necessary to c orrect, eliminate, or remedy the conduct, condition, or
ground. If the emergency order is for a restoration of or addition to capital, it shall
be carried out as provided in KRS 304.24-350.
(2) The commissioner may apply for and any court of general jurisd iction may grant,
restraining orders, temporary and permanent injunctions, and other orders as are
deemed necessary to enforce an emergency order.
Collected 2026-09-05T20:57:54Z. Source file · JSON