Any member of a company may withdraw therefrom at any time by giving thirty (30) days' written notice to the secretary, paying his share of all claims existing against the company, and surrendering his policy. Members may be admitted who reside or own property within the territorial limits in which the company is authorized to do business, upon the same terms and conditions as the original members, subject to the bylaws.
KRS 299.440
Withdrawal of member -- Admission of members after organization
Effective: October 1, 1942 History: Recodified 1942 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.