304.33-431 Applicability of KRS 304.33-430 in liquidation proceedings. KRS 304.33-430 shall apply to and govern the priority of the distribution of assets in any proceeding to liquidate an insurer pending on or commenced on or after July 15, 1996. Effective: July 15, 1996 History: Created 1996 Ky. Acts ch. 287, sec. 2, effective July 15, 1996.