Kentucky Statutes 342.232 – Quarterly reports on insurance guaranty funds, Kentucky coal workers’ pneumoconiosis fund, and the status of KRS Chapter 342
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(1) The boards of directors of the following funds shall make quarterly reports according to generally accepted accounting principles of all money received and disbursed by the listed funds during each quarter to the Legislative Research Commission. The funds which shall be reported are:
(a) Kentucky individual self-insurance guaranty fund; (b) Kentucky group self-insurance fund; and
(c) Kentucky coal employers self-insurance fund.
(2) The director of the Division of Workers’ Compensation Funds shall make quarterly reports according to generally accepted accounting principles of all money received and disbursed by the coal workers’ pneumoconiosis fund to the Legislative Research Commission.
(3) The Department of Workers’ Claims shall make quarterly reports to the Legislative
Research Commission on the status of the provisions of this chapter.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1803, effective July 15, 2010. — Amended 2002 Ky. Acts ch. 246, sec. 3, effective July 15, 2002. — Created 1996 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 78, effective December 12, 1996.
(a) Kentucky individual self-insurance guaranty fund; (b) Kentucky group self-insurance fund; and
Terms Used In Kentucky Statutes 342.232
- Compensation: means all payments made under the provisions of this chapter representing the sum of income benefits and medical and related benefits. See Kentucky Statutes 342.0011
- Department: means the Department of Workers' Claims in the Education and
Labor Cabinet. See Kentucky Statutes 342.0011 - Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
(c) Kentucky coal employers self-insurance fund.
(2) The director of the Division of Workers’ Compensation Funds shall make quarterly reports according to generally accepted accounting principles of all money received and disbursed by the coal workers’ pneumoconiosis fund to the Legislative Research Commission.
(3) The Department of Workers’ Claims shall make quarterly reports to the Legislative
Research Commission on the status of the provisions of this chapter.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1803, effective July 15, 2010. — Amended 2002 Ky. Acts ch. 246, sec. 3, effective July 15, 2002. — Created 1996 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 78, effective December 12, 1996.