There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 342 WORKERS' COMPENSATION
342.839 Applicability of specified provisions of law.
Download pdfbe entitled to the protection of, any plan, pool, association, guarantee, or insolvency
fund authorized or required by KRS Chapter 304. (2) Except as provided in subsection (1) of this section, the authority shall be subject to the same assessments applicable to workers' compensation premiums as domestic
mutual insurance companies licensed to do business in the Commonwealth and
governed by the provisions of Subtitle 24 of KRS Chapter 304. (3) Notwithstanding the provisions of Subtitle 24 of KRS Chapter 304 or any other provisions of the Kentucky Revised Statutes to the contrary, the minimum number
of directors and procedures required for incorporating a mutual insurance company,
requirements relating to the name of a mutual insurance company, and any licensing
requirements applicable to mutual insurance companies shall not apply to the
authority. (4) The authority shall be considered an insurer for purposes of KRS 342.122 and other provisions of this chapter. (5) Notwithstanding any provision of KRS Chapter 304 to the contrary the authority shall not be subject to the provisions of Subtitle 33 or other provisions of KRS
Chapter 304 that relate to the liquidation, rehabilitation, dissolution, or sale of any
insurance company. Effective: April 4, 1994
History: Created 1994 Ky. Acts ch. 181, Part 12, sec. 58, effective April 4, 1994.
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