{"data":{"id":"us-ky/krs-304.3-025","jurisdiction":"us-ky","citation":"KRS 304.3-025","heading":"\"Combined stock and mutual life\" insurer defined.","body":"A \"combined stock and mutual life\" insurer is an incorporated insurer with capital divided\ninto shares owned by its shareholders, but which is controlled by the votes both of its\nstockholders and of its participating policyholder members to the extent any such rights\nof membership are granted and specified in the insurer's policies or its articles of\nincorporation.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16698","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:37Z","sha256":"2566e56df73b2c6a220c84eddda8e4eff95c299ff8c5e10ec3d7157447e22e7d","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.3-020","next":"us-ky/krs-304.3-030"},"notice":"GroundRules: Original legal text. Not legal advice."}