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2015 Kentucky Revised Statutes
CHAPTER 304 - INSURANCE CODE
Subtitle 41 - Legal Professional Liability Joint Underwriting Association
41.41-020 Definitions.

KY Rev Stat § 41.41-020 (2015) What's This?

Download as PDF 304.41-020 Definitions. As used in this subtitle: (1) "Association" means the Joint Underwriting Association established pursuant to the provisions of this subtitle; (2) "Legal professional liability insurance" means insurance as defined in KRS 304.5070(1)(j); (3) "Commissioner" means the commissioner of the Department of Insurance; and (4) "Net direct premiums" means gross direct premiums written on the lines of insurance set forth in KRS 304.41-030(1) as computed by the commissioner of insurance, less return premiums for the unused or unabsorbed portions of premium deposits. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1548, effective July 15, 2010. -- Created 1978 Ky. Acts ch. 365, sec. 2, effective June 17, 1978.

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