Ky. Rev. Stat. § 304.36-060

Current through 2024 Ky. Acts ch. 225
Section 304.36-060 - Creation of the association

There is created a nonprofit unincorporated legal entity to be known as the Kentucky Insurance Guaranty Association. All insurers defined as member insurers in KRS 304.36-050 shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under KRS 304.36-090 and shall exercise its powers through a board of directors established under KRS 304.36-070.

KRS 304.36-060

Effective:6/16/1972
Created 1972 Ky. Acts ch. 137, sec. 6, effective6/16/1972.