{"data":{"id":"us-ky/krs-304.49-130","jurisdiction":"us-ky","citation":"KRS 304.49-130","heading":"Prohibition of contributions made and benefits received -- Exceptions.","body":"(1) No captive insurer, including a captive insurer organized as a reciprocal insurer\nunder KRS 304.49 -010 to 304.49 -230, shall be permitted to join or contribute\nfinancially to any plan, pool, association, or guaranty or insolvency fund in\nKentucky, nor s hall any such captive insurer, or its insured, or its parent or any\naffiliated company, or any member organization of its consortium, or in the case of\na captive insurer organized as a reciprocal insurer, any subscriber thereof, receive\nany benefit from any such plan, pool, association, or guaranty or insolvency fund for\nclaims arising out of the operations of such captive insurer.\n(2) Subsection (1) of this section shall not prohibit captive insurers from entering into\nreinsurance or pooling transactions i n the normal course of business, in accordance\nwith KRS 304.49-110.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=30230","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:59Z","sha256":"4d5cd1880975da7137933d5374cec838d9be8fdb58d174750830daedbb82c11c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.49-120","next":"us-ky/krs-304.49-140"},"notice":"GroundRules: Original legal text. Not legal advice."}
