LRC Seal

Kentucky Revised Statutes

List by Section

Statutes Last Updated July 23, 2012

Includes Enactments through the 2012 Extraordinary Session
This page was produced on 7/24/2012 at 8:50:03 AM

Terms & Conditions | PDF Viewer

KRS Chapter 304.49

  • .010   Definitions for KRS 304.49-010 to 304.49-230.

  • .020   Certificate required for captive insurer -- Qualifications -- Restrictions on doing business -- Required documentation -- Confidentiality -- Fee.

  • .030   Name of captive insurer.

  • .040   Financial security requirements.

  • .050   Payment of dividends -- Commissioner's approval required -- Limitations -- Rescinding approval.

  • .060   Formation of captive insurers -- Applicability of KRS Chapters 271B, 273, and 275 -- Conditions for issuing certificate of authority -- Applicability of KRS Chapter 271B and Subtitles 27 and 45 -- Conflicts -- Owners and parent companies.

  • .070   Annual report of financial condition.  

  • .080   Examination of captive insurers.

  • .090   Applicability of Subtitles 2 and 3 to captive insurers.

  • .100   Duties of captive insurer -- Investment plan -- Prohibited and permitted limitations on investments -- Applicability of investment requirements and limitations of Subtitle 7.

  • .110   Reinsurance on risks ceded by other insurer or captive insurer authorized -- Powers of commissioner.

  • .120   Rating organization membership not required.

  • .130   Prohibition of contributions made and benefits received -- Exceptions.

  • .140   Administrative regulations.

  • .150   Exclusivity of KRS 304.49-010 to 304.49-230 to captive insurance companies -- Provisions applicable to industrial insured captive insurer.  

  • .160   Rehabilitation, liquidation, and dissolution -- Applicability of Subtitle 33.

  • .170   Administrative regulations regarding risk management function.

  • .180   Conversion or merger of consortium captive insurer or industrial insurer group into reciprocal insurer -- Plan of conversion or merger -- Other conditions.

  • .190   Formation of sponsored captive insurer -- Conditions.

  • .200   Certification requirements of sponsor of sponsored captive insurer.

  • .210   Permissible participants in sponsored captive insurer.

  • .220   Tax levied on premium receipts -- Rates -- Exclusivity of premium tax -- Distribution of revenue for administration of KRS 304.49-010 to 304.49-230.

  • .222   Duties of captive insurers.

  • .224   Minimum standards for special purpose and agency captive insurers to be set by administrative regulations.

  • .226   Change that materially impacts financial condition or management -- Notification to and approval of commissioner to take material action -- Loans to parent company or affiliates.

  • .228   Establishment of protected cells by sponsored captive insurer -- Conditions.

  • .230   KRS 304.49-010 to 304.49-230 not applicable to foreign captive insurer in Kentucky before July 14, 2000 -- Exception.

    • Previous Chapter |Next Chapter | Title Headings

    End Of Page