{"data":{"id":"us-ky/krs-299.030","jurisdiction":"us-ky","citation":"KRS 299.030","heading":"Organization of a domestic company.","body":"(1) Persons desiring to form an organization for the purpose of transacting the business\nof life or casualty insurance, or both, upon the assessment or cooperative plan, may\nassociate together and effect an organization as prescribed in this section.\n(2) Any number of persons not less than thirteen (13) may associate to establish such an\ninsurance company.\n(3) In addition to the general requirements for all corporations, the articles of\nincorporation shall specify the class of insurance the company proposes to transact;\nand on what business plan or principle; the number and amount of agreements for\ninsurance, if any; and such other facts as may be necessary to explain and make\nmanifest the object and purposes of the corporation. The words \"insurance\ncompany\" shall be a part of the title of every such corporation, and also the word\n\"mutual.\"\n(4) In addition to complying with the provisions of KRS Chapter 271B, the\nincorporators shall file a certified copy of the articles of incorporation in the office\nof the commissioner.","path":["KRS Chapter 299"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=15823","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:26Z","sha256":"f4b22f1ae09bb8e27b56c007d9a075413d49c5c0cf462e59667c0402efdcd2fe","source_id":"us-ky","stale":false,"prev":"us-ky/krs-299.020","next":"us-ky/krs-299.040"},"notice":"GroundRules: Original legal text. Not legal advice."}