304.37-560 Purpose of application and plan. The application and plan of reorganization submitted to the commissioner shall demonstrate that: (1) Policyholder interests are properly preserved and protected; (2) The plan is fair and equitable to policyholders; and (3) The financial condition of the applicant will not be diminished. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1495, effective July 15, 2010. -- Created 1998 Ky. Acts ch. 546, sec. 13, effective July 15, 1998.
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