Public-domain · open source
OpenJurist

KRS 299.450

Annual statement of condition

Effective: July 15, 2010 History: Amended 2010 Ky

The president and secretary of each company shall, on or before March 1 of each year, make a sworn statement to the commissioner showing the condition of the company as of the preceding December 31. The statement shall contain the following information: The amount and kind of property insured; the number of policies issued from the time of organization of the company up to the time of making the statement; the number insured during the year last past; the amount of insurance accepted and the amount withdrawn, expired and canceled during the year; the whole amount of insurance in force on December 31; the amount of money received during the year; the amount of disbursements, specifying the amount paid for fees, salaries and commissions; and all other matters of interest to the company or members that the commissioner may require.

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