§ 304-8-010

304.8 -010 Deposits of insurers. (1) All deposits of assets of insurers required or permitted under this code and made in this state shall be made and maintained with the commissioner. (2) In addition to deposits required for an insurer's authority to transact insurance in this state, an insu rer may deposit and maintain with the commissioner deposit of assets: (a) Required of an insurer by the laws of other states as prerequisite for authority to transact insurance in such other states; (b) Required by application of the retaliatory provision, KRS 304.3 -270; and (c) In such additional amounts as is permitted by this subtitle, or as expressly required by this code. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1026, effective July 15, 2010. -- Amended 2004 Ky. Acts ch. 24, sec. 18, effective July 13, 2004. -- Created 1970 Ky. Acts ch. 301, subtit. 8, sec. 1, effective June 18, 1970.