Code · Kentucky · Chapter 299 — Assessment or cooperative insurance

299.360 Classification of insured property -- Separation of risks.

67 words·~1 min read·/ky/chapter-299/299-360

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A company may classify the property or buildings insured therein, either at the time

of insurance or at any other time, in the manner provided for in the bylaws. All

classifications shall be made uniform as between all members of the company.

(2)Requirements as to the separation of one

(1)risk from another shall be left to the

discretion of the officers of the company.