{"data":{"id":"us-ky/krs-304.14-085","jurisdiction":"us-ky","citation":"KRS 304.14-085","heading":"Violation of insurable interest for person without insurable interest to","body":"pay premiums on life insurance in exchange for ownership in death benefit.\nExcept as provided in KRS 304.14-050, it shall be a violation of insurable interest for any\nperson or entity without insurable interest to provide or arrange for the funding ultimately\nused to pay premiums, or the majority of premiums, on a life insurance policy and, at\npolicy inception, have an arrangement for such person or entity to have an ownership\ninterest in the majority of the death benefit of that life insurance policy.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=17127","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:43Z","sha256":"6c812996d4826afa9b40d3f3ffcfcddd3b2267dbd7495c242f75dcb252e0b5c7","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.14-080","next":"us-ky/krs-304.14-090"},"notice":"GroundRules: Original legal text. Not legal advice."}