304.37 -530 Membership interest not a security. A membership interest in a domestic mutual insurance holding company shall not constitute a security as defined in KRS 292.310(19). Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 82, sec. 17, effective July 15, 2010. -- Created 1998 Ky. Acts c h. 546, sec. 7, effective July 15, 1998.
Kentucky Legal Code