Kentucky Revised Statutes

Ky. Rev. Stat. § 304.49-230 (2026)

KRS 304.49-010 to 304.49-230 not applicable to foreign captive insurer

✓ current as of May 2026
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in Kentucky before July 14, 2000 -- Exception. This subtitle shall not apply to any foreign captive insurer lawfully transacting the business of insurance in Kentucky prior to July 14, 2000, unless the foreign captive insurer petitions the commissioner requesting that this subtitle be applicable to the foreign captive insurer. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1623, effective July 15, 2010. -- Created 2000 Ky. Acts ch. 434, sec. 23, effective July 14, 2000.

Notes of Decisions
Cited in 1 case, 2020–2020 · leading case: Harold Merritt v. Catholic Health Initiatives, Inc. (Ky. 2020).
Harold Merritt v. Catholic Health Initiatives, Inc. (Ky. 2020). · cites it 7× “Merritt requested, however, that the trial court consider the exception in KRS 304.49-230, which states that the subtitle is not applicable to any foreign captive insurer transacting the business of insurance in Kentucky prior to July 14, 2000 unless the insurer petitions the…”
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