304.27 -230 Aggregate liability. No one (1) policy or subscriber as to such policy, shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one (1) calendar year, in excess of the amount provided for in the power of attorney or in the subscribers' agreement, computed solely upon premium earned on such policy during that year. Effective: June 18, 1970 History: Created 1970 Ky. Acts ch. 301, subtit. 27, sec. 23, effective June 18, 1970.
Kentucky Legal Code