{"data":{"id":"us-ky/krs-299.510","jurisdiction":"us-ky","citation":"KRS 299.510","heading":"Reinsurance of risks by mutual or assessment and cooperative fire","body":"insurance companies.\n(1) Any domestic mutual fire insurance company, or any domestic cooperative and\nassessment fire insurance company, without amending its charter or articles of\nincorporation, may by policy, treaty or other agreement, cede to or accept from any\nother insurance company or insurer, insurance or reinsurance upon the whole or any\npart of any risk provided such other insurance companies or insurers shall at all\ntimes mainta in the full standards of solvency required under laws of this state of\nlike insurance companies or insurers.\n(2) KRS 299.510 to 299.530 shall not empower any such mutual fire insurance\ncompany or any such cooperative and assessment fire insurance company to assume\nor carry insurance or reinsurance on any risk or class of risks prohibited in its\ncharter, articles of incorporation or bylaws.","path":["KRS Chapter 299"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=15878","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:27Z","sha256":"d3a436094eca340108d8aa9e9824ef875426b982a8c3752bc8a19a0c405eb451","source_id":"us-ky","stale":false,"prev":"us-ky/krs-299.500","next":"us-ky/krs-299.520"},"notice":"GroundRules: Original legal text. Not legal advice."}