Kentucky Statutes 304.32-030 – Application of subtitle
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(1) Any nonprofit corporation organized under the laws of this state for the purpose of establishing, maintaining, and operating a nonprofit plan, whereby hospital care, medical-surgical care, dental care, and other health services are made available to persons who become subscribers to such plan or plans under a contract with the corporation, shall be subject to and be governed by the provisions of this subtitle, and shall be exempt from all other provisions of this code, except as expressly provided in this subtitle, and no insurance law hereafter enacted shall be deemed to apply to these corporations unless they be specifically referred to therein.
(2) Except as provided in KRS § 304.32-300 to KRS § 304.32-320, the provisions of this subtitle shall not apply to any employer’s self-insured health plan or service established and maintained solely for its members and their immediate families, or to any self- insured health plan or service established, maintained, and insured jointly by any employer and any labor organization or organizations.
Effective: July 13, 2004
History: Amended 2004 Ky. Acts ch. 24, sec. 37, effective July 13, 2004. — Amended
1978 Ky. Acts ch. 158, sec. 3, effective June 17, 1978. — Created 1970 Ky. Acts ch.
301, subtit. 32, sec. 3, effective June 18, 1970.
(2) Except as provided in KRS § 304.32-300 to KRS § 304.32-320, the provisions of this subtitle shall not apply to any employer’s self-insured health plan or service established and maintained solely for its members and their immediate families, or to any self- insured health plan or service established, maintained, and insured jointly by any employer and any labor organization or organizations.
Terms Used In Kentucky Statutes 304.32-030
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
Effective: July 13, 2004
History: Amended 2004 Ky. Acts ch. 24, sec. 37, effective July 13, 2004. — Amended
1978 Ky. Acts ch. 158, sec. 3, effective June 17, 1978. — Created 1970 Ky. Acts ch.
301, subtit. 32, sec. 3, effective June 18, 1970.