All the provisions of KRS § 299.310 to KRS § 299.460 shall apply to companies doing business of the kind and upon the plan described in subsection (4) of KRS § 299.010 and organized by special charter granted by this state, where those provisions do not conflict with some vested right granted in the special charter. Any such company may become subject to all the provisions of KRS § 299.310 to KRS § 299.460 by filing a certified statement with the commissioner that a majority of its directors have voted to so subject the company.
Effective: July 15, 2010

Terms Used In Kentucky Statutes 299.470

  • Commissioner: means the commissioner of the Department of Insurance. See Kentucky Statutes 299.010
  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010

History: Amended 2010 Ky. Acts ch. 24, sec. 897, effective July 15, 2010. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 719.

  Previous section
Next section  
 Chapter 299 Contents