Kentucky Statutes 304.17A-816 – Investment of funds
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The funds of a self-insured employer-organized association group shall be invested only in securities or other investments permitted by Subtitle 7 of this chapter, or such other securities or investments as the commissioner may permit by administrative regulation.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1263, effective July 15, 2010. — Created
2003 Ky. Acts ch. 78, sec. 9, effective June 24, 2003.
Effective: July 15, 2010
Terms Used In Kentucky Statutes 304.17A-816
- Association: means an entity, other than an employer-organized association, that has been organized and is maintained in good faith for purposes other than that of obtaining insurance for its members and that has a constitution and bylaws. See Kentucky Statutes 304.17A-005
History: Amended 2010 Ky. Acts ch. 24, sec. 1263, effective July 15, 2010. — Created
2003 Ky. Acts ch. 78, sec. 9, effective June 24, 2003.