Ky. Rev. Stat. § 304.12-050

Current through Acts Received April 24, 2024
Section 304.12-050 - Advertisement of assets, liabilities

Any advertisement or other dissemination of information by or on behalf of an insurer stating the insurer's assets shall in the same connection and with equal conspicuousness, state the insurer's liabilities, computed on the same basis. Any such statement purporting to show the insurer's capital shall state only the amount of actual paid-in capital.

KRS 304.12-050

Effective:3/29/1976
Amended 1976 Ky. Acts ch. 87, sec. 2, effective3/29/1976. -- Created 1970 Ky. Acts ch. 301, subtit. 12, sec. 5, effective 6/18/1970.