Kentucky Statutes 304.20-300 – Purpose and application of KRS 304.20-320 to 304.20-350
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(1) The purpose of KRS § 304.20-320 to KRS § 304.20-350 is to regulate declinations, cancellations, and refusals to renew certain policies of property or casualty insurance as defined in KRS § 304.5-050 and KRS § 304.5-070 which are delivered, issued for delivery, or renewed after July 15, 1986, and to require specific reasons for such action.
(2) KRS § 304.20-320 to KRS § 304.20-350 does not apply to:
(a) Automobile liability insurance policies protected by KRS § 304.20-040; or
(b) Any policy issued through a residual market mechanism.
Effective: July 15, 1986
History: Created 1986 Ky. Acts ch. 426, sec. 1, effective July 15, 1986.
(2) KRS § 304.20-320 to KRS § 304.20-350 does not apply to:
Terms Used In Kentucky Statutes 304.20-300
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
(a) Automobile liability insurance policies protected by KRS § 304.20-040; or
(b) Any policy issued through a residual market mechanism.
Effective: July 15, 1986
History: Created 1986 Ky. Acts ch. 426, sec. 1, effective July 15, 1986.