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21 chapters · 2,203 sections in this title.
KRS § 304.37-130 Acquisition of control or merger of domestic insurers
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(1) The following definitions shall apply for the purposes of this section only: (a) "Acquisition" means any agreement, arrangement, or activity the consummation of which results in a person acquiring directly or indirectly the control of another person, such as the acquisition o…
KRS § 304.37-140 Recovery of distributions
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(1) If an order for liquidation or rehabilitation of a domestic insurer has been entered, the receiver appointed under the order shall have the right to recover on behalf of the insurer, from any parent corporation or holding company or person or affiliate who otherwise controlle…
KRS § 304.37-150 Voting rights of holder of security acquired in contravention of chapter or action of commissioner -- Legal actions to enjoin voting and to seize or sequester security
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or action of commissioner -- Legal actions to enjoin voting and to seize or sequester security. (1) No security which is the subject of any agreement or arrangement regarding acquisition, or which is acquired or to be acquired, in contravention of the provisions of this chapter o…
KRS § 304.37-160 Identification of groupwide supervisor for internationally active insurance company -- Commissioner's powers when acting as supervisor -- Cooperation with other regulatory officials -- Agreements and documentation -- Commissioner's expenses
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insurance company -- Commissioner's powers when acting as supervisor -- Cooperation with other regulatory officials -- Agreements and documentation - - Commissioner's expenses. (1) (a) The commissioner may: 1. Act as the groupwide supervisor for any internationally active insuran…