KRS 304.8-140: Dividends on, and exchange of deposited assets -- Collection by
Where this section sits in the code
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