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KRS 304.33-020

Persons covered

Known as the Insurers Rehabilitation and Liquidation Law

The act spans §§ 304.33-010 to 304.33-600 (68 sections).

Effective: July 15, 2010 History: Amended 2010 Ky

The proceedings authorized by this subtitle may be applied to:

(1) All domestic insurers, whether or not they purport to do business in this state;

(2) All insurers who are doing, or have done, an insurance business in this state, and against whom claims arising from that business may exist now or in the future;

(3) All insurers who purport to do an insurance business in this state;

(4) All insurers who have insureds resident in this state;

(5) All other persons organized or in the process of organizing with the intent to do an insurance business in this state;

(6) All fraternal benefit societies as defined in Subtitle 29;

(7) All nonprofit hospital, medical-surgical, dental, and health service corporations, as defined in Subtitle 32;

(8) All health maintenance organizations as defined in Subtitle 38;

(9) All limited health service organizations as defined in KRS 304.38A-010;

(10) Workers' compensation self-insured groups authorized in KRS 342.350;

(11) Workers' compensation self-insured groups authorized in KRS 304.50-010 and defined in KRS 304.50-015; and (12) Liability self-insurance groups defined in KRS 304.48-020 and authorized in KRS 304.48-030.

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