Ky. Rev. Stat. § 304.27-030

Current through 2024 Ky. Acts ch. 225

Section 304.27-030 - Insuring powers of reciprocals

(1) A reciprocal insurer may, upon qualifying therefor as provided for by this code, transact any kind or kinds of insurance defined by this code, other than life, title, or mortgage guaranty insurances.

(2) Such an insurer may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance it is authorized to transact directly.

KRS 304.27-030

Effective:6/18/1970
Created 1970 Ky. Acts ch. 301, subtit. 27, sec. 3, effective6/18/1970.