Ky. Rev. Stat. § 304.37-560

Current through 2024 Ky. Acts ch. 225

Section 304.37-560 - Purpose of application and plan

The application and plan of reorganization submitted to the commissioner shall demonstrate that:

(1) Policyholder interests are properly preserved and protected;

(2) The plan is fair and equitable to policyholders; and

(3) The financial condition of the applicant will not be diminished.

KRS 304.37-560

Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 1495, effective7/15/2010. -- Created 1998, Ky. Acts ch. 546, sec. 13, effective 7/15/1998.