There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 342 WORKERS' COMPENSATION
342.819 Dividends.
Download pdfKRS Chapter 304, and distribute the same in the form of premium discounts, dividends,
or a combination of dividends and discounts, at its discretion, if:
(1) The funding obtained pursuant to KRS 342.829 has been repaid in full;
(2) An independent actuarial report of the prior year's operations has been completed and reviewed by the board; (3) The authority has met all expenses for administration and claims for the prior year; and (4) Adequate reserves exist to pay all claims. Effective: April 4, 1994
History: Created 1994 Ky. Acts ch. 181, Part 12, sec. 48, effective April 4, 1994.
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