Kentucky Statutes 304.50-020 – Scope of subtitle — Deadline for compliance — Extensions
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The provisions of this subtitle apply to a group or bona fide trade association of employers subject to the provisions of KRS Chapter 342, which may include employers voluntarily complying with the provisions of KRS Chapter 342, who join together to self- insure against workers’ compensation risks. Any workers’ compensation self-insured group operating under a certificate of filing as of March 1, 2005, shall have one (1) year from that date to comply with the provisions of this subtitle, to the extent that these provisions differ from prior requirements in KRS Chapter 342 and the administrative regulations promulgated thereunder. Extensions of time may be granted for good cause shown at the discretion of the commissioner.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1626, effective July 15, 2010. — Amended 2008 Ky. Acts ch. 183, sec. 1, effective July 15, 2008. — Created 2005 Ky. Acts ch. 7, sec. 4, effective March 1, 2005.
Effective: July 15, 2010
Terms Used In Kentucky Statutes 304.50-020
- Certificate of filing: means the certificate issued to a workers' compensation self- insured group to indicate that it has complied with the provisions of this subtitle which are prerequisites to its operation. See Kentucky Statutes 304.50-015
- Self-insured group: means a group self-insurance fund. See Kentucky Statutes 304.50-015
- Year: means calendar year. See Kentucky Statutes 446.010
History: Amended 2010 Ky. Acts ch. 24, sec. 1626, effective July 15, 2010. — Amended 2008 Ky. Acts ch. 183, sec. 1, effective July 15, 2008. — Created 2005 Ky. Acts ch. 7, sec. 4, effective March 1, 2005.