KRS 272.360

In order to promote, foster, and encourage the raising of livestock in the state and for the further purpose of permitting livestock producers to organize under the laws of Kentucky and form cooperative livestock corporations whereby the members thereof may associate themselves together for protection under the laws of the state and through such association provide a suitable means to the members and for reimbursing said members for losses of livestock due to depredation, disease and death caused by attacks from dogs and other causes, KRS 272.360 to 272.510 are enacted.