There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 342 WORKERS' COMPENSATION
342.345 Certificate of individual self-insurance -- Revocation -- New certificate -- Effect of revocation.
Download pdfcertificate which shall remain in force for a period fixed by the commissioner. But
the commissioner may, upon at least ten (10) days' notice and a hearing to the
employer, revoke or suspend the certificate upon satisfactory evidence that
revocation or suspension is appropriate. If the commissioner revokes a certificate,
the commissioner may thereafter, upon petition of the employer and a hearing, grant
a new certificate, but the employer shall not, as a matter of right, be entitled to a
hearing for this purpose sooner than six (6) months following an order of the
commissioner revoking the employer's certificate. (2) A self-insurer whose certificate to self-insure has been revoked is not relieved of its obligations for compensation to its employees for work-related injuries or
occupational diseases that occur during the period of self-insurance. The required
security shall be maintained with the commissioner or under the commissioner's
control until each claim for workers' compensation benefits has been paid, been
settled, or lapsed under this chapter. Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1822, effective July 15, 2010. -- Amended 2005 Ky. Acts ch. 7, sec. 43, effective March 1, 2005. -- Amended 1994
Ky. Acts ch. 181, Part 11, sec. 37, effective April 4, 1994. -- Repealed in part 1946
Ky. Acts ch. 100, sec. 15, effective October 1, 1947. -- Recodified 1942 Ky. Acts
ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4947.
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