304.20-300 Purpose and application of KRS 304.20-320 to 304.20-350. (1) The purpose of KRS 304.20-320 to 304.20-350 is to regulate declinations, cancellations, and refusals to renew certain policies of property or casualty insurance as defined in KRS 304.5-050 and 304.5-070 which are delivered, issued for delivery, or renewed after July 15, 1986, and to require specific reasons for such action. (2) KRS 304.20-320 to 304.20-350 does not apply to: (a) Automobile liability insurance policies protected by KRS 304.20-040; or (b) Any policy issued through a residual market mechanism. Effective: July 15, 1986 History: Created 1986 Ky. Acts ch. 426, sec. 1, effective July 15, 1986.
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