Ky. Rev. Stat. § 304.15-380
Current through Acts Received April 24, 2024
A life insurer may issue policies on either the participating basis or the nonparticipating basis, or on both bases, if the right or absence of right of participation is reasonably related to the premium charged and the insurer is otherwise not in violation of KRS 304.12-080 or 304.12-090.
KRS 304.15-380
Created 1970 Ky. Acts ch. 301, subtit. 15, sec. 38, effective6/18/1970.