For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

"Reinsurance" defined

KRS 304.5-130
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
304.5-130. "Reinsurance" defined "Reinsurance" is a contract under which an originating insurer (called the "ceding" insurer) procures insurance for itself in another insurer (called the "assuming" insurer or the "reinsurer") with respect to part or all of an insurance risk of the originating insurer. Effective: June 18, 1970 History: Created 1970 Ky. Acts ch. 301, subtit. 5, sec. 13, effective June 18, 1970.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16765Fetched: 10/20/2026

Starting a business in Kentucky? Kentucky LLC guide: costs and requirements