304.8 -160 Levy upon deposit. (1) Except as provided in subsection (2) of this section, no judgment creditor or other claimant of an insurer shall have the right to levy upon any of the assets held in this state as a deposit for the protection of the insurer's policyholders or policyholder s and creditors. (2) As to deposits made pursuant to the retaliatory provision, KRS 304.3 -270, levy thereupon shall be permitted if so provided in the commissioner's order under which the deposit is required. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1037, effective July 15, 2010. -- Created 1970 Ky. Acts ch. 301, subtit. 8, sec. 16, effective June 18, 1970.
Kentucky Legal Code