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Kentucky Revised Statutes · § 304.27-230 — Aggregate liability

304.27-230. Aggregate liability

No one (1) policy or subscriber as to such policy, shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one (1) calendar year, in excess of the amount provided for in the power of attorney or in the subscribers' agreement, computed solely upon premium earned on such policy during that year.

Source notes

Effective: June 18, 1970

History and annotations

Created 1970 Ky. Acts ch. 301, subtit. 27, sec. 23, effective June 18, 1970.

Official source for this version

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

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