KRS 304.33-570: Claims of residents against insurers domiciled in reciprocal states.

(1) Filing claims. In a liquidation proceeding in a reciprocal state against an insurer

domiciled in that state, claimants against the insurer who reside within this state

may file claims either with the ancillary receiver, if any, in this state, or with the

domiciliary liquidator. Claims must be filed on or before the last dates fixed for the

filing of claims in the domiciliary liquidation proceeding.

(2) Proving claims. Claims belonging to claimants residing in this state may be proved

either in the domiciliary state under the law of that state or in ancillary proceedings,

if any, in this state. If a claimant elects to prove his claim in this state, he shall file

his claim with the court in the manner provided in KRS 304.33 -360 and 304.33 -

370. The ancillary receiver shall make his recommendation to the court as under

KRS 304.33-440. He also shall arrange a date for hearing if necessary under KRS

304.33-400 and shall give notice to the liquidator in the domiciliary state, by

certified mail, return receipt requested or by personal service at least forty (40) days

prior to the date set for hearing. If the domiciliary liquidator, within thirty (30) days

after the giving of such notice, gives notice in writing to the ancillary receiver and

to the claimant, either b y certified mail or by personal service, of his intention to

contest the claim, he shall be entitled to appear or to be represented in any

proceeding in this state involving the adjudication of the claim. The final allowance

of the claim by the courts of t his state shall be accepted as conclusive as to amount

and as to priority against special deposits or other security located in this state.