Subtitle
Subtitle 24. Domestic Stock and Mutual Insurers
- KRS 304.24-010— Scope
- KRS 304.24-020— Definitions
- KRS 304.24-030— Applicability of general corporation statutes
- KRS 304.24-040— Incorporation of domestic stock, combined stock and mutual life, or mutual insurers -- Votes allotted to stockholders and policyholders
- KRS 304.24-050— Procedures preliminary to qualification
- KRS 304.24-060— Qualification of newly organized stock insurer
- KRS 304.24-070— Completion of incorporation -- General powers and duties
- KRS 304.24-080— Amendment of articles of incorporation -- Mutual insurers
- KRS 304.24-090— Amendment of articles of incorporation -- Stock insurers
- KRS 304.24-095— Articles of incorporation of a combined stock and mutual life insurance company -- Possible amendments
- KRS 304.24-100— Formation of mutual -- Initial qualifications
- KRS 304.24-110— Formation of mutual -- Bond
- KRS 304.24-120— Formation of mutual -- Applications for insurance
- KRS 304.24-130— Formation of mutual -- Trust deposit of premiums
- KRS 304.24-140— Formation of mutual -- Failure to qualify
- KRS 304.24-150— Additional kinds of insurance -- Mutuals
- KRS 304.24-160— Membership in mutuals
- KRS 304.24-170— Bylaws of mutual
- KRS 304.24-180— Rights of mutual members in general
- KRS 304.24-190— Meetings of members of mutual insurer
- KRS 304.24-200— Special meetings of members of mutual insurer
- KRS 304.24-210— Voting rights of mutual members
- KRS 304.24-220— Contingent liability of mutual member
- KRS 304.24-230— Levy of contingent liability
- KRS 304.24-240— Enforcement of contingent liability
- KRS 304.24-250— Nonassessable policies -- Mutual insurers
- KRS 304.24-260— Nonassessable policies -- Revocation of authority
- KRS 304.24-270— Prohibited pecuniary interests
- KRS 304.24-280— Management and exclusive agency contracts
- KRS 304.24-290— Principal office -- Records
- KRS 304.24-300— Borrowed surplus
- KRS 304.24-310— Participating policies
- KRS 304.24-320— Dividends to stockholders
- KRS 304.24-330— Dividends to policyholders
- KRS 304.24-340— Issuance of policies in other states
- KRS 304.24-350— Impairment of capital or assets
- KRS 304.24-360— Mutualization of stock insurer
- KRS 304.24-370— Conversion of stock insurer to ordinary business corporation
- KRS 304.24-380— Repealed, 2000
- KRS 304.24-390— Merger -- Consolidation of insurers
- KRS 304.24-400— Affiliations of stock insurers
- KRS 304.24-410— Repealed, 2000
- KRS 304.24-415— Report disclosing material acquisitions and dispositions of assets, nonrenewals, cancellations, or revisions of ceded reinsurance agreements -- Exceptions
- KRS 304.24-420— Bulk reinsurance
- KRS 304.24-430— Voluntary dissolution
- KRS 304.24-440— Mutual member's share of assets on liquidation
- KRS 304.24-500— Approval of foreign insurer as domestic insurer -- Transfer of domicile of domestic insurer to another state -- Continuance of certificate of authority upon transfer of corporate domicile after merger or consolidation
- KRS 304.24-600— Conversion of domestic mutual insurer to stock insurer
- KRS 304.24-601— Definitions for KRS 304.24-600 to 304.24-625
- KRS 304.24-603— Amendment of articles of incorporation -- Plan of conversion
- KRS 304.24-605— Application for approval of plan of conversion -- Actuarial opinion
- KRS 304.24-607— Commissioner's review of plan of conversion -- Hearing and comments -- Approval or disapproval
- KRS 304.24-609— Findings requiring commissioner's approval of plan -- Hiring of experts -- Deposits in anticipation of expenses -- Commissioner may consider effect of insurer's past actions
- KRS 304.24-611— Vote on plan of conversion and proposed amendments -- Meeting of members -- Notice of right to vote and accompanying materials -- Voting by proxy
- KRS 304.24-613— Effect of conversion
- KRS 304.24-615— Consideration distributed to eligible members
- KRS 304.24-617— Fairness of method or formula in plan of conversion
- KRS 304.24-619— Dividend preservation provisions
- KRS 304.24-621— Use of closed block to preserve dividend expectations
- KRS 304.24-623— Acquisition of beneficial ownership of voting securities after conversion
- KRS 304.24-625— Sale or issuance of stock or other security after conversion