Ky. Rev. Stat. § 304.3-125
Current through Acts Received April 24, 2024
The commissioner is hereby granted authority to adopt administrative regulations, up to the standards prescribed by the National Association of Insurance Commissioners, covering requirements for additional capital and surplus based on the kind, type, volume, and nature of insurance business transacted, if and when any regulations are promulgated and adopted by the National Association of Insurance Commissioners as its model regulation on the subject and as a requirement for departmental certification by the association.
KRS 304.3-125
Amended 2010, Ky. Acts ch. 24, sec. 964, effective7/15/2010. -- Created 1992 Ky. Acts ch. 386, sec. 4, effective 7/14/1992.