There is a newer version of the Kentucky Revised Statutes
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2011 Kentucky Revised Statutes
Subchapter 20 Financing of Development Generally
154.20.570 Contract recapture provisions.


KY Rev Stat § 154.20.570 (1996 through Reg Sess) What's This?
Download pdf

154.20-570 Contract recapture provisions. Any contract between the authority and the insurance corporation shall contain provisions for the recapture by the authority of any profits made by the insurance corporation; but such recapture may be delayed indefinitely if the continued use of funds so derived by the insurance corporation shall be deemed by the authority to promote the purposes of the authority. Effective: July 1, 1978 History: Created 1978 Ky. Acts ch. 96, sec. 19, effective July 1, 1978. Formerly codified as KRS 154.575

Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.