{"data":{"id":"us-ky/krs-304.7-280","jurisdiction":"us-ky","citation":"KRS 304.7-280","heading":"Conversion and incidental rights.","body":"Nothing in this subtitle shall be deemed to prohibit an insurer from making an investment\notherwise authorized under this subtitle, because the investment is convertible into other\nsecurities in which the insurer is not permitted to invest under this subti tle, or because the\ninsurer receives in connection with such investment stock warrants, whether or not\ndetachable, stock options, stock, property interests or other assets of any kind. Anything\nso received by the insurer and in which the insurer is otherwi se not authorized to invest,\nshall be carried on its books at no value.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16827","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:39Z","sha256":"018282a79c4e79906468e2a67eae3b182010bae488d77959f2b7b98477637516","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.7-270","next":"us-ky/krs-304.7-290"},"notice":"GroundRules: Original legal text. Not legal advice."}