{"data":{"id":"us-ky/krs-304.37-070","jurisdiction":"us-ky","citation":"KRS 304.37-070","heading":"Receivership.","body":"Whenever it appears to the commissioner that any person has committed a violation of\nthis subtitle which so impairs the financial condition of a domestic insurer as to threaten\ninsolvency or make the further transaction of business by it hazardous to its\npolicyholders, creditors, shareholders, or the public, then the commissioner may proceed\nas provided in KRS Chapter 304 to take possession of the property of such domestic\ninsurer and to conduct the business thereof.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29936","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:56Z","sha256":"b7b737f672430eef9c179c6849d8e7f6fbb5762a8ccaf6f6240d996482d5f5bb","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.37-060","next":"us-ky/krs-304.37-080"},"notice":"GroundRules: Original legal text. Not legal advice."}