{"data":{"id":"us-ky/krs-304.7-250","jurisdiction":"us-ky","citation":"KRS 304.7-250","heading":"Special investments of title insurers.","body":"(1) A title insurer may also have invested funds in an amount not exceeding fifty\npercent (50%) of its paid -in capital stock and its surplus, in its abstract plant and\nequipment and in stocks of abstract companies.\n(2) A title insurer may also invest and have invested at any one time not in excess of\ntwenty percent (20%) of its assets in loans to abstract companies, which loans are\nadequately secured as to principal and interest by chattel mortgages upon the books,\nmaps, files, abstract records and other personal property of the mortgagor.\n(3) Investments authorized under subsections (1) and (2) of this section shall not be\ncredited against required reserves.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16822","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:39Z","sha256":"d8a245a7939285562539bacd171973c2d5da878d0bbdf856fdf1d419f2fba842","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.7-240","next":"us-ky/krs-304.7-260"},"notice":"GroundRules: Original legal text. Not legal advice."}
