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KRS 304.8-030

Assets eligible for deposit

Effective: June 18, 1970 History: Created 1970 Ky

Kinds of assets may be deposited by an insurer as follows:

(1) Title to unencumbered real property lawfully acquired and held by the insurer under this code.

(2) Lawful money of the United States, and other securities of kinds in which the insurer may lawfully invest its funds under this code.

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