{"data":{"id":"us-ky/krs-304.15-410","jurisdiction":"us-ky","citation":"KRS 304.15-410","heading":"Minimum reserves.","body":"In the case of any plan of life insurance which provides for future premium\ndetermination, the amounts of which are to be determined by the insurer based on then\nestimates of future experience, or in the case of any plan of life insurance or annuity\nwhich is of such a nature that the minimum reserves cannot be determined by the methods\ndescribed in KRS 304.6-150, 304.6-155 and 304.6-180, the reserves which are held under\nany such plan must:\n(1) Be appropriate in relation to the benefits and the pattern of p remiums for that plan;\nand\n(2) Be computed by a method which is consistent with the principles of this standard\nvaluation law;\nas determined by regulations promulgated by the commissioner.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=17246","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:44Z","sha256":"6973e13fe06e0c3f305c93a8f2569685c39302af2e2bcdcc18bd964e1560b9a0","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.15-400","next":"us-ky/krs-304.15-420"},"notice":"GroundRules: Original legal text. Not legal advice."}