Kentucky Statutes 304.6-005 – “Accounting practices and procedures manual” and “SSAP” defined
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As used in this subtitle, unless the context requires otherwise:
(1) “Accounting practices and procedures manual” means the accounting practices and procedures manual, as amended, published by the National Association of Insurance Commissioners; and
(2) “SSAP” means the statements of statutory accounting principles in the accounting practices and procedures manual.
Effective: July 13, 2004
History: Created 2004 Ky. Acts ch. 24, sec. 10, effective July 13, 2004.
(1) “Accounting practices and procedures manual” means the accounting practices and procedures manual, as amended, published by the National Association of Insurance Commissioners; and
Terms Used In Kentucky Statutes 304.6-005
- Accounting practices and procedures manual: means the accounting practices and procedures manual, as amended, published by the National Association of Insurance Commissioners. See Kentucky Statutes 304.6-005
(2) “SSAP” means the statements of statutory accounting principles in the accounting practices and procedures manual.
Effective: July 13, 2004
History: Created 2004 Ky. Acts ch. 24, sec. 10, effective July 13, 2004.