Statutes, codes, and regulations
Kentucky Revised Statutes
Title 25 - BUSINESS AND FINANCIAL INSTITUTIONSChapter 304 - INSURANCE CODE
Subtitle 304.7 - INVESTMENTS
Section 304.7-421 - Loans on security of cash surrender value of life insurance policies

Ky. Rev. Stat. § 304.7-421

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Current through 2024 Ky. Acts ch. 225
Section 304.7-421 - Loans on security of cash surrender value of life insurance policies

A life insurer may lend to a policyholder on the security of the cash surrender value of the policyholder's policy a sum not exceeding the legal reserve that the insurer is required to maintain on the policy.

KRS 304.7-421

Effective:7/14/2000
Created 2000, Ky. Acts ch. 388, sec. 17, effective7/14/2000.