Ky. Rev. Stat. § 304.49-170
Current through Acts Received April 24, 2024
The commissioner may promulgate administrative regulations establishing standards to ensure that a parent or affiliated company is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurer. The commissioner may approve the coverage of such risks by a pure captive insurance company.
KRS 304.49-170
Amended 2010, Ky. Acts ch. 24, sec. 1615, effective7/15/2010; and ch. 91, sec. 9, effective7/15/2010. -- Created 2000, Ky. Acts ch. 434, sec. 17, effective 7/14/2000.