{"data":{"id":"us-ky/krs-304.37-520","jurisdiction":"us-ky","citation":"KRS 304.37-520","heading":"Applicability of Subtitle 33.","body":"A mutual insurance holding company is deemed to be an insurer subject to Subtitle 33 of\nthis chapter and shall automatically be a party to any proceeding under Subtitle 33 of this\nchapter involving an insurance company which, as a result of a reorganization under KRS\n304.37-505, is a subsidiary of the mutual insurance company. In any proceeding under\nSubtitle 33 of this chapter involving the reorganized insurance company, the assets of the\nmutual insurance holding company are deemed to be assets of the esta te of the\nreorganized insurance company for purposes of satisfying the claims of the recognized\ninsurance company's policyholders. A mutual insurance holding company shall not\ndissolve or liquidate without the approval of the commissioner or as ordered by the court\nunder Subtitle 33 of this chapter.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29949","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:56Z","sha256":"a58a171e27b80cf396676fb7644350ed2b2f8b806e14feed6ba40b0d1701fe68","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.37-515","next":"us-ky/krs-304.37-525"},"notice":"GroundRules: Original legal text. Not legal advice."}