The funds of a health maintenance organization shall be invested only in securities or other investments permitted by Subtitle 7 of Chapter 304 of the Kentucky Revised Statutes, or such other securities or investments as the commissioner may permit.
Effective: July 15, 2010

Terms Used In Kentucky Statutes 304.38-100

  • Commissioner: means the commissioner of the Department of Insurance. See Kentucky Statutes 304.38-030
  • Health maintenance organization: means any person who undertakes to provide, directly or through arrangements with others, health care services to individuals enrolled with such an organization on a per capita or a predetermined, fixed prepayment basis. See Kentucky Statutes 304.38-030

History: Amended 2010 Ky. Acts ch. 24, sec. 1508, effective July 15, 2010. — Created
1974 Ky. Acts ch. 357, subtit. 38, sec. 10, effective June 21, 1974.