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KRS 299.360

Classification of insured property -- Separation of risks

Effective: October 1, 1942 History: Recodified 1942 Ky

(1) A company may classify the property or buildings insured therein, either at the time of insurance or at any other time, in the manner provided for in the bylaws. All classifications shall be made uniform as between all members of the company.

(2) Requirements as to the separation of one (1) risk from another shall be left to the discretion of the officers of the company.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.