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§ 299.450 — Kentucky Law | CourtGPT
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Kentucky Legal Code

§ 299.450

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299.450 Annual statement of condition. The president and secretary of each company shall, on or before March 1 of each year, make a sworn statement to the commissioner showing the condition of the company as of the preceding December 31. The statement shall contain the following information: Th e amount and kind of property insured; the number of policies issued from the time of organization of the company up to the time of making the statement; the number insured during the year last past; the amount of insurance accepted and the amount withdraw n, expired and canceled during the year; the whole amount of insurance in force on December 31; the amount of money received during the year; the amount of disbursements, specifying the amount paid for fees, salaries and commissions; and all other matters of interest to the company or members that the commissioner may require. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 895, effective July 15, 2010. -- Amended 1982 Ky. Acts ch. 209, sec. 6, effective July 15, 1982. -- Recodified 194 2 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 715.