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2009 Kentucky Revised Statutes
Subtitle 45. Product Liability Risk Retention Groups
304.45.010 Purpose.

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Page 1 of 1 304.45-010 Purpose. (1) The purpose of this subtitle is to regulate the formation or operation of risk retention groups and purchasing groups in the state formed pursuant to the <br>provisions of the Product Liability Risk Retention Act of 1981 (P.L. 97-45) and the <br>Liability Risk Retention Act of 1986 (P.L. 99-563), 15 U.S.C. secs. 3901 et seq., to <br>the extent permitted by such laws, for the protection of the public. (2) The provisions of KRS 304.45-010 to KRS 304.45-150 shall not apply to a self- insurance pool, self-insurance fund, or other self-insurance association, including <br>those considered to be tax exempt under the Internal Revenue Code and those <br>organized under KRS Chapters 65, 66, or 67, KRS 342.350, or other enabling <br>legislation. Effective: July 15, 1994 <br>History: Amended 1994 Ky. Acts ch. 358, sec. 28, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 165, sec. 1, effective July 13, 1990. -- Created 1986 Ky. Acts <br>ch. 308, sec. 1, effective July 15, 1986.

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