Subtitle
Subtitle 49. Captive Insurers
- KRS 304.49-010— Definitions for KRS 304.49-010 to 304.49-230
- KRS 304.49-020— Certificate required for captive insurer -- Qualifications -- Restrictions on doing business -- Required documentation -- Confidentiality -- Fee
- KRS 304.49-030— Name of captive insurer
- KRS 304.49-040— Financial security requirements
- KRS 304.49-050— Payment of dividends -- Commissioner's approval required -- Limitations -- Rescinding approval
- KRS 304.49-060— Formation of captive insurers -- Applicability of KRS Chapters 271B, 273, and 275 -- Conditions for issuing certificate of authority -- Applicability of KRS Chapter 271B and Subtitles 27 and 45 -- Conflicts -- Owners and parent companies
- KRS 304.49-070— Annual report of financial condition
- KRS 304.49-080— Examination of captive insurers
- KRS 304.49-090— Applicability of Subtitles 2 and 3 to captive insurers
- KRS 304.49-100— Duties of captive insurer -- Investment plan -- Prohibited and permitted limitations on investments -- Applicability of investment requirements and limitations of Subtitle 7
- KRS 304.49-110— Reinsurance on risks ceded by other insurer or captive insurer authorized -- Powers of commissioner
- KRS 304.49-120— Rating organization membership not required
- KRS 304.49-130— Prohibition of contributions made and benefits received -- Exceptions
- KRS 304.49-140— Administrative regulations
- KRS 304.49-150— Exclusivity of KRS 304.49-010 to 304.49-230 to captive insurance companies -- Provisions applicable to industrial insured captive insurer
- KRS 304.49-160— Rehabilitation, liquidation, and dissolution -- Applicability of Subtitle 33
- KRS 304.49-170— Administrative regulations regarding risk management function
- KRS 304.49-180— Conversion or merger of consortium captive insurer or industrial insurer group into reciprocal insurer -- Plan of conversion or merger -- Other conditions
- KRS 304.49-190— Formation of sponsored captive insurer -- Conditions
- KRS 304.49-200— Certification requirements of sponsor of sponsored captive insurer
- KRS 304.49-210— Permissible participants in sponsored captive insurer
- KRS 304.49-220— Tax levied on premium receipts -- Rates -- Exclusivity of premium tax -- Distribution of revenue for administration of KRS 304.49-010 to 304.49-230
- KRS 304.49-222— Duties of captive insurers
- KRS 304.49-224— Minimum standards for special purpose and agency captive insurers to be set by administrative regulations
- KRS 304.49-226— Change that materially impacts financial condition or management -- Notification to and approval of commissioner to take material action -- Loans to parent company or affiliates
- KRS 304.49-228— Establishment of protected cells by sponsored captive insurer -- Conditions
- KRS 304.49-230— KRS 304.49-010 to 304.49-230 not applicable to foreign captive insurer in Kentucky before July 14, 2000 -- Exception