{"data":{"id":"us-ky/krs-304.49-210","jurisdiction":"us-ky","citation":"KRS 304.49-210","heading":"Permissible participants in sponsored captive insurer.","body":"(1) Associations, corporations, limited liability companies, partnerships, trusts, and\nother business entities may be participants in any sponsored captive insurer formed\nor issued a certificate of authority under KRS 304.49-010 to 304.49-230.\n(2) A sponsor may be a participant in a sponsored captive insurer.\n(3) A participant need not be a shareholder of the sponsored captive insurer or any\naffiliate thereof.\n(4) A participant shall insure only its own risks through a sponsored captive insurer.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=30238","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:00Z","sha256":"27a49cb63c638579c407670db1f8ebfa310c97be68bdac9da7cc3a817fd59832","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.49-200","next":"us-ky/krs-304.49-220"},"notice":"GroundRules: Original legal text. Not legal advice."}