Section 304.8-090 - Depositories(1) The commissioner shall designate at least one (1) bank or trust company in each county of this state containing a city of the first class or a consolidated local government and such other banks as proposed by the insurer and approved by the commissioner which vaults shall be used as depositories for assets of insurers deposited under this code.(2) Any expense associated with depositing assets under this chapter shall be borne by the insurer.Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 1030, effective7/15/2010. --Amended 2004, Ky. Acts ch. 24, sec. 21, effective 7/13/2004. -- Amended 2002, Ky. Acts ch. 346, sec. 226, effective 7/15/2002. -- Created 1970 Ky. Acts ch. 301, subtit. 8, sec. 9, effective 6/18/1970.