Kentucky Revised Statutes

Ky. Rev. Stat. § 304.6-134 (2026)

Exemption of specific product forms or product lines

✓ current as of May 2026
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A specific product form or product line of a domestic company that is licensed and doing business only in Kentucky shall be exempt from the requirements of KRS 304.6-143 if:

(1) The commissioner has in his or her discretion issued an exemption in writing to the company and has not subsequently revoked the exemption in writing; and

(2) Either of the following are satisfied:

(a) The company computes reserves using assumptions and methods used prior to the operative date of the valuation manual; or

(b) The exemption is consistent with the valuation manual. Effective: July 15, 2024 History: Amended 2024 Ky. Acts ch. 129, sec. 1, effective July 15, 2024. -- Amended 2022 Ky. Acts ch. 133, sec. 5, effective July 14, 2022. -- Created 2015 Ky. Acts ch. 57, sec. 9, effective June 24, 2015.