{"data":{"id":"us-ky/krs-299.200","jurisdiction":"us-ky","citation":"KRS 299.200","heading":"Liability of officers of company failing to levy assessment to pay death","body":"claim.\nThe officers of a company who refuse or neglect, for a period of sixty (60) days after the\nfiling of satisfactory proof of the death of any policyholder, where the claim i s not\ndisputed on account of fraud or want of validity and where the death or emergency fund is\nnot sufficient to pay the claim, to levy an assessment to provide for payment of the claim,\nshall thereby become liable to the beneficiary under the policy in a sum not exceeding the\nface of the claim.","path":["KRS Chapter 299"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=15841","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:27Z","sha256":"63c5d3d151f44bbdaa18d89569b48b146f8429a1c365599f9dba729370d7f4a3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-299.190","next":"us-ky/krs-299.210"},"notice":"GroundRules: Original legal text. Not legal advice."}