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Subtitle 304.24 - Domestic Stock and Mutual Ins...
Subtitle 304.24 - Domestic Stock and Mutual Insurers
304.24-010 Scope.
304.24-020 Definitions.
304.24-030 Applicability of general corporation statutes.
304.24-040 Incorporation of domestic stock, combined stock and mutual life, or mutual insurers -- Votes allotted to stockholders and policyholders.
304.24-050 Procedures preliminary to qualification.
304.24-060 Qualification of newly organized stock insurer.
304.24-070 Completion of incorporation -- General powers and duties.
304.24-080 Amendment of articles of incorporation -- Mutual insurers.
304.24-090 Amendment of articles of incorporation -- Stock insurers.
304.24-095 Articles of incorporation of a combined stock and mutual life insurance company -- Possible amendments.
304.24-100 Formation of mutual -- Initial qualifications.
304.24-110 Formation of mutual -- Bond.
304.24-120 Formation of mutual -- Applications for insurance.
304.24-130 Formation of mutual -- Trust deposit of premiums.
304.24-140 Formation of mutual -- Failure to qualify.
304.24-150 Additional kinds of insurance -- Mutuals.
304.24-160 Membership in mutuals.
304.24-170 Bylaws of mutual.
304.24-180 Rights of mutual members in general.
304.24-190 Meetings of members of mutual insurer.
304.24-200 Special meetings of members of mutual insurer.
304.24-210 Voting rights of mutual members.
304.24-220 Contingent liability of mutual member.
304.24-230 Levy of contingent liability.
304.24-240 Enforcement of contingent liability.
304.24-250 Nonassessable policies -- Mutual insurers.
304.24-260 Nonassessable policies -- Revocation of authority.
304.24-270 Prohibited pecuniary interests.
304.24-280 Management and exclusive agency contracts.
304.24-290 Principal office -- Records.
304.24-300 Borrowed surplus.
304.24-310 Participating policies.
304.24-320 Dividends to stockholders.
304.24-330 Dividends to policyholders.
304.24-340 Issuance of policies in other states.
304.24-350 Impairment of capital or assets.
304.24-360 Mutualization of stock insurer.
304.24-370 Conversion of stock insurer to ordinary business corporation.
304.24-380 Repealed, 2000.
304.24-390 Merger -- Consolidation of insurers.
304.24-400 Affiliations of stock insurers.
304.24-410 Repealed, 2000.
304.24-415 Report disclosing material acquisitions and dispositions of assets, nonrenewals, cancellations, or revisions of ceded reinsurance agreements -- Exceptions.
304.24-420 Bulk reinsurance.
304.24-430 Voluntary dissolution.
304.24-440 Mutual member's share of assets on liquidation.
304.24-500 Approval of foreign insurer as domestic insurer -- Transfer of domicile of domestic insurer to another state -- Continuance of certificate of authority upon transfer of corporate domicile after merger or consolidation.
304.24-600 Conversion of domestic mutual insurer to stock insurer.
304.24-601 Definitions for KRS 304.24-600 to 304.24-625.
304.24-603 Amendment of articles of incorporation -- Plan of conversion.
304.24-605 Application for approval of plan of conversion -- Actuarial opinion.
304.24-607 Commissioner's review of plan of conversion -- Hearing and comments -- Approval or disapproval.
304.24-609 Findings requiring commissioner's approval of plan -- Hiring of experts -- Deposits in anticipation of expenses -- Commissioner may consider effect of insurer's past actions.
304.24-611 Vote on plan of conversion and proposed amendments -- Meeting of members -- Notice of right to vote and accompanying materials -- Voting by proxy.
304.24-613 Effect of conversion.
304.24-615 Consideration distributed to eligible members.
304.24-617 Fairness of method or formula in plan of conversion.
304.24-619 Dividend preservation provisions.
304.24-621 Use of closed block to preserve dividend expectations.
304.24-623 Acquisition of beneficial ownership of voting securities after conversion.
304.24-625 Sale or issuance of stock or other security after conversion.