Kentucky Statutes 304.27-110 – Deposit in lieu of bond
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In lieu of such bond, the attorney may maintain on deposit with the commissioner a like amount in cash or in value of securities qualified under this code as insurer’s investments, and subject to the same conditions as the bond.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1378, effective July 15, 2010. — Created
1970 Ky. Acts ch. 301, subtit. 27, sec. 11, effective June 18, 1970.
Effective: July 15, 2010
Terms Used In Kentucky Statutes 304.27-110
- Attorney: as used in this subtitle , refers to the attorney-in-fact of a reciprocal insurer. See Kentucky Statutes 304.27-050
History: Amended 2010 Ky. Acts ch. 24, sec. 1378, effective July 15, 2010. — Created
1970 Ky. Acts ch. 301, subtit. 27, sec. 11, effective June 18, 1970.