{"data":{"id":"us-ky/krs-99a.070","jurisdiction":"us-ky","citation":"KRS 99A.070","heading":"Reimbursement from mortgage guaranty fund.","body":"(1) If any insurer pursuant to the terms of the special endorsement to a guaranty makes\npayment upon a defaulted loan to the holder thereof, he shall apply to the executive\ndirector for reimbursement out of the mortgage guaranty fund for the amount\nguaranteed by the special endorsement.\n(2) Upon payment to an insurer pursuant to subsection (1) of this section, the mortgage\nguaranty fund shall be subrogated to the rights of the mortgagee for such amount\npaid.","path":["KRS Chapter 99A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26604","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:02Z","sha256":"b5df54ec8662c0328733f0ce97d7639d5787287de3cfdd447510a92275444730","source_id":"us-ky","stale":false,"prev":"us-ky/krs-99a.060","next":"us-ky/krs-99a.080"},"notice":"GroundRules: Original legal text. Not legal advice."}