Kentucky Statutes 304.41-020 – Definitions
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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 § 304.5-
070(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.
(1) “Association” means the Joint Underwriting Association established pursuant to the provisions of this subtitle;
Terms Used In Kentucky Statutes 304.41-020
- Association: means the Joint Underwriting Association established pursuant to the provisions of this subtitle. See Kentucky Statutes 304.41-020
- Commissioner: means the commissioner of the Department of Insurance. See Kentucky Statutes 304.41-020
(2) “Legal professional liability insurance” means insurance as defined in KRS § 304.5-
070(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.