Kentucky Revised Statutes (Last Updated: May 10, 2014) |
TITLE XXV. BUSINESS AND FINANCIAL INSTITUTIONS |
CHAPTER 299. ASSESSMENT OR COOPERATIVE INSURANCE |
Change of Life or Casualty Company from Assessment or Cooperative Plan to Stock or Mutual Plan |
220. Assessment or cooperative life or casualty company may change to stock or mutual plan. |
230. Meeting to change form of company -- Notice -- Vote necessary to change. |
240. Fixing amount and shares of capital stock -- Sale of stock. |
250. Requirements for reorganized company to begin business. |
260. Types of insurance that may be written by a reorganized company. |
270. Directors of reorganized company -- Election -- Powers. |
280. Handling of assessment policies previously written. |
290. Use of surplus of former company -- Assets and liabilities. |
300. Ascertainment and payment of interest of policyholders dissenting to change -- Additional reserve fund. |