The case basis method shall be used to determine mortgage guaranty loss reserves, which shall include a reserve for claims reported and unpaid and a reserve for claims incurred but not reported.
KRS 304.6-110
Loss reserve -- Mortgage guaranty insurance
Known as the Standard Valuation Law
The act spans §§ 304.6-005 to 304.6-190 (30 sections).
Effective: June 18, 1970 History: Created 1970 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.