Any member of a company may withdraw therefrom at any time by giving thirty (30) days’ written notice to the secretary, paying his share of all claims existing against the company, and surrendering his policy. Members may be admitted who reside or own property within the territorial limits in which the company is authorized to do business, upon the same terms and conditions as the original members, subject to the bylaws.
Effective: October 1, 1942

Terms Used In Kentucky Statutes 299.440

  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010

History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 716.

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