{"data":{"id":"us-ky/krs-304.25-060","jurisdiction":"us-ky","citation":"KRS 304.25-060","heading":"General provisions.","body":"(1) Presumption. In any action or proceeding it shall be presumed that an acute\nemergency existing within this state constitutes an acute emergency affecting every\ninsurance organization doing business within this state.\n(2) Powers of board. During an acute em ergency the board of a domestic insurance\norganization which has adopted emergency bylaws approved by the commissioner\nshall have all of the powers conferred by such bylaws, and no other or different\npowers with respect to the subject matter of this subtit le, and the board of a\ndomestic insurance organization which has not adopted emergency bylaws approved\nby the commissioner shall have all of the powers of an emergency board of directors\nas the same are provided for under this subtitle.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29598","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:51Z","sha256":"dcac5ac267b683e2a000174bf5575acf574c323f71d2876cda6d33acf3f3da28","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.25-050","next":"us-ky/krs-304.25-070"},"notice":"GroundRules: Original legal text. Not legal advice."}