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Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 304.8-090.Depositories

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) The commissioner shall designate at least one (1) bank or trust company in each county of this state containing a city of the first class or a consolidated local government and such other banks as proposed by the insurer and approved by the commissioner which vaults shall be used as depositories for assets of insurers deposited under this code.

(2) Any expense associated with depositing assets under this chapter shall be borne by the insurer.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 304.8-090.Depositories - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xxv-business-and-financial-institutions/ky-rev-st-sect-304-8-090/

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