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Kentucky Revised Statutes · § 304.27-200 — Subscriber's liability on judgments

304.27-200. Subscriber's liability on judgments

(1) No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for thirty (30) days.

(2) Any such judgment shall be binding upon each subscriber only in such proportion as his interest may appear and in an amount not exceeding his contingent liability, if any.

Source notes

Effective: June 18, 1970

History and annotations

Created 1970 Ky. Acts ch. 301, subtit. 27, sec. 20, effective June 18, 1970.

Official source for this version

Source captured 2026-09-25. Open the official source.

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