Kentucky Statutes 304.21-080 – Estoppel to deny power
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Any insurer which executes any surety contract as surety shall be estopped, in any proceeding to enforce the liability which it has assumed to incur, to deny its corporate power to execute such contract or assume such liability.
Effective: June 18, 1970
History: Created 1970 Ky. Acts ch. 301, subtitle 21, sec. 8, effective June 18, 1970.
Effective: June 18, 1970
Terms Used In Kentucky Statutes 304.21-080
- Contract: A legal written agreement that becomes binding when signed.
History: Created 1970 Ky. Acts ch. 301, subtitle 21, sec. 8, effective June 18, 1970.