Kentucky Statutes 304.14-010 – Scope of subtitle
Current as of: 2024 | Check for updates
|
Other versions
This subtitle applies as to all insurance contracts and annuity contracts, other than: (1) Reinsurance.
(2) Policies or contracts not issued for delivery in this state nor delivered in this state. (3) Wet marine and transportation insurance.
Effective: June 18, 1970
History: Created 1970 Ky. Acts ch. 301, subtit. 14, sec. 1, effective June 18, 1970.
(2) Policies or contracts not issued for delivery in this state nor delivered in this state. (3) Wet marine and transportation insurance.
Terms Used In Kentucky Statutes 304.14-010
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
Effective: June 18, 1970
History: Created 1970 Ky. Acts ch. 301, subtit. 14, sec. 1, effective June 18, 1970.