Kentucky Statutes 304.44-080 – Payment of loss within 90 days
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The administrator shall pay the insurer all amounts due within ninety (90) days after receiving a loss report. The administrator shall require the loss report to include an itemized statement of the damage, repairs made and the cost of each repair and any other documentation the administrator believes will substantiate the reported loss.
Effective: July 13, 1984
History: Created 1984 Ky. Acts ch. 167, sec. 8, effective July 13, 1984.
Effective: July 13, 1984
Terms Used In Kentucky Statutes 304.44-080
- Administrator: means the organization designated by the commissioner of the department to administer the fund. See Kentucky Statutes 304.44-010
History: Created 1984 Ky. Acts ch. 167, sec. 8, effective July 13, 1984.