KRS 304.8-190: Payments into examination expense revolving fund.

(1) Insurers maintaining deposits of assets in this state under this subtitle, shall pay into

the examination expense revolving fund as provided in Subtitle 2 of this chapter,

moneys sufficient to pay travel and other necessary expenses of the commissioner

related to the maintenance, valuation, protection, or administration of the insurer's

deposit.

(2) The portion of the expense fund to be paid by each such insurer shall be in the same

approximate proportion as the amount the insurer had on deposit on December 31

of the preceding year bears to the total such deposits of all insurers as of December

31 of the preceding year. The commissioner shall assess each insurer for its

proportionate share of the expense fund. The minimum charge for each insurer shall

be five dollars ($5).