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342.807 Board of directors.
(1) The authority shall be governed by a board of directors. The board shall exercise
complete jurisdiction over the authority.
(2) The board shall consist of the:
(a) Secretary of the Finance and Administration Cabinet; <br>(b) Secretary of the Personnel Cabinet; <br>(c) Secretary of the Labor Cabinet; and <br>(d) Seven (7) at-large members appointed by the Governor, subject to
confirmation by the Senate.
(3) Any vacancy which occurs prior to the expiration of a term shall be filled by the
Governor in the same manner as the initial appointment was made, and the new <br>appointee shall serve only the remainder of the unexpired term.
(4) No person shall serve on the board who:
(a) Fails to meet or comply with the conflict of interest policies established by the
board and KRS 304.24-270;
(b) Is not bondable; <br>(c) Is an employee, attorney, or contractor of a competing insurer providing
workers' compensation insurance in the Commonwealth; or
(d) Is not a resident of this Commonwealth.
(5) In making the appointments to the board, subject to Senate confirmation, the
Governor shall ensure adequate representation from the major sectors of the <br>economy and workforce in the Commonwealth.
Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 24, sec. 1854, effective July 15, 2010. --
Amended 1998 Ky. Acts ch. 361, sec. 2, effective July 15, 1998. -- Created 1994 Ky. <br>Acts ch. 181, Part 12, sec. 42, effective April 4, 1994.
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