(1) Legal process shall be served upon a domestic reciprocal insurer by serving the insurer’s attorney at his principal offices or by serving the Secretary of State as the insurer’s process agent, as provided in KRS § 304.3-230.
(2) Any judgment based upon legal process so served shall be binding upon each of the insurer’s subscribers as their respective interests may appear, but in an amount not exceeding their respective contingent liabilities, if any, the same as though personal service of process was had upon each subscriber.

Terms Used In Kentucky Statutes 304.27-130

  • agent: includes managing general agent unless the context requires otherwise. See Kentucky Statutes 304.9-085
  • Attorney: as used in this subtitle , refers to the attorney-in-fact of a reciprocal insurer. See Kentucky Statutes 304.27-050
  • Domestic: when applied to a corporation, partnership, business trust, or limited liability company, means all those incorporated or formed by authority of this state. See Kentucky Statutes 446.010
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Service of process: The service of writs or summonses to the appropriate party.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010

Effective: June 15, 1982
History: Amended 1982 Ky. Acts ch. 319, sec. 8, effective July 15, 1982. — Created
1970 Ky. Acts ch. 301, subtit. 27, sec. 13, effective June 18, 1970.

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