Kentucky Revised Statutes (Last Updated: May 10, 2014) |
TITLE XXV. BUSINESS AND FINANCIAL INSTITUTIONS |
CHAPTER 304. INSURANCE CODE |
Subtitle 49. Captive Insurers |
49-010. Definitions for KRS 304.49-010 to 304.49-230. |
49-020. Certificate required for captive insurer -- Qualifications -- Restrictions on doing business -- Required documentation -- Confidentiality -- Fee. |
49-030. Name of captive insurer. |
49-040. Financial security requirements. |
49-050. Payment of dividends -- Commissioner's approval required -- Limitations -- Rescinding approval. |
49-070. Annual report of financial condition. |
49-080. Examination of captive insurers. |
49-090. Applicability of Subtitles 2 and 3 to captive insurers. |
49-100. Duties of captive insurer -- Investment plan -- Prohibited and permitted limitations on investments -- Applicability of investment requirements and limitations of Subtitle 7. |
49-110. Reinsurance on risks ceded by other insurer or captive insurer authorized -- Powers of commissioner. |
49-120. Rating organization membership not required. |
49-130. Prohibition of contributions made and benefits received -- Exceptions. |
49-140. Administrative regulations. |
49-150. Exclusivity of KRS 304.49-010 to 304.49-230 to captive insurance companies -- Provisions applicable to industrial insured captive insurer. |
49-160. Rehabilitation, liquidation, and dissolution -- Applicability of Subtitle 33. |
49-170. Administrative regulations regarding risk management function. |
49-180. Conversion or merger of consortium captive insurer or industrial insurer group into reciprocal insurer -- Plan of conversion or merger -- Other conditions. |
49-190. Formation of sponsored captive insurer -- Conditions. |
49-200. Certification requirements of sponsor of sponsored captive insurer. |
49-210. Permissible participants in sponsored captive insurer. |
49-220. Tax levied on premium receipts -- Rates -- Exclusivity of premium tax -- Distribution of revenue for administration of KRS 304.49-010 to 304.49-230. |
49-222. Duties of captive insurers. |
49-224. Minimum standards for special purpose and agency captive insurers to be set by administrative regulations. |
49-226. Change that materially impacts financial condition or management -- Notification to and approval of commissioner to take material action -- Loans to parent company or affiliates. |
49-228. Establishment of protected cells by sponsored captive insurer -- Conditions. |
49-230. KRS 304.49-010 to 304.49-230 not applicable to foreign captive insurer in Kentucky before July 14, 2000 -- Exception. |