Kentucky Statutes 303.123 – Contracts or proceeds not transferable
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No agreement, policy, contract, bond, assurance or guarantee of any burial association or association of a similar nature authorized to do business in the Commonwealth of Kentucky is transferable or assignable nor are the benefits or any part thereof transferable or assignable.
Effective: June 16, 1966
History: Amended 1966 Ky. Acts ch. 255, sec. 241, effective June 16, 1966. — Created
1944 Ky. Acts ch. 144, sec. 1, effective June 13, 1944.
Effective: June 16, 1966
Terms Used In Kentucky Statutes 303.123
- Contract: A legal written agreement that becomes binding when signed.
History: Amended 1966 Ky. Acts ch. 255, sec. 241, effective June 16, 1966. — Created
1944 Ky. Acts ch. 144, sec. 1, effective June 13, 1944.