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Kentucky · Snapshot 09/05/2026

KRS 304.8-140: Dividends on, and exchange of deposited assets -- Collection by

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    commissioner.

    (1) While solvent and complying with this code an insurer shall be entitled:

    (a) To collect and receive interest, dividends, and payments accruing upon assets

    so held on deposit for its account; and

    (b) From time to time, to exchange and substitute for any of such assets, other

    assets eligible for deposit.

    (2) If the insurer fails to cure a deficiency when required, is insolvent, is subject to

    delinquency proceedings, or is in default as to taxes or other charges due to this

    state under law, the commissioner shall collect such interest, dividends, and

    payments and add them to the insurer's deposit.

    Collected 2026-09-05T20:57:39Z. Source file · JSON

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