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KRS 304.8-160

Levy upon deposit

Effective: July 15, 2010 History: Amended 2010 Ky

(1) Except as provided in subsection (2) of this section, no judgment creditor or other claimant of an insurer shall have the right to levy upon any of the assets held in this state as a deposit for the protection of the insurer's policyholders or policyholders and creditors.

(2) As to deposits made pursuant to the retaliatory provision, KRS 304.3-270, levy thereupon shall be permitted if so provided in the commissioner's order under which the deposit is required.

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