Kentucky Statutes 304.7-451 – Application of KRS 304.7-451 to 304.7-473
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KRS 304.7-451 to 304.7-473 shall apply to the investments and investment practices of domestic property and casualty, title, financial guaranty, and mortgage guaranty insurers, of domestic insurers and United States branches of alien property and casualty, financial guaranty, and mortgage guaranty insurers entered through this state.
Effective: July 14, 2000
History: Created 2000 Ky. Acts ch. 388, sec. 19, effective July 14, 2000.
Effective: July 14, 2000
Terms Used In Kentucky Statutes 304.7-451
- Domestic: when applied to a corporation, partnership, business trust, or limited liability company, means all those incorporated or formed by authority of this state. See Kentucky Statutes 446.010
- Investment practices: means transactions of the types described in KRS §. See Kentucky Statutes 304.7-012
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- State: means a state, territory, or possession of the United States, the District of
Columbia, or the Commonwealth of Puerto Rico. See Kentucky Statutes 304.7-012
History: Created 2000 Ky. Acts ch. 388, sec. 19, effective July 14, 2000.