KRS 304.8-120: Valuation -- Replenishment.

(1) All assets deposited shall be valued by the commissioner when deposited, such

valuation to be determined in accordance with the applicable provisions of this

code.

(2) If at any time the commissioner finds that the value of assets on deposit by an

insurer is less than the amount required for the purposes for which the deposit was

made, the commissioner shall by certified mail, return receipt requested, addressed

to the insurer at its home office, notify the insurer of such deficiency and require

that the de ficiency be cured within thirty (30) days from the date of such mailing.

The commissioner may suspend or revoke the certificate of authority of any insurer

failing to cure any such deficiency within such thirty (30) days.