304.27-040 Name, suits. A reciprocal insurer: (1) Shall have and use a business name. The name shall include the word "reciprocal," or "interinsurer," or "interinsurance," or "exchange," or "underwriters," or "underwriting," or "association." (2) May sue and be sued in its own name. Effective: June 18, 1970 History: Created 1970 Ky. Acts ch. 301, subtit. 27, sec. 4, effective June 18, 1970.