Kentucky Statutes 304.42-150 – Examination of the association
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The association shall be subject to examination and regulation by the commissioner. The board of directors shall submit to the commissioner, not later than May 1 of each year, a financial report for the preceding calendar year in a form approved by the commissioner and a report of its activities during the preceding calendar year. Upon the request of a member insurer, the association shall provide the member insurer with a copy of the report.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1568, effective July 15, 2010. — Amended 1998 Ky. Acts ch. 537, sec. 10, effective July 15, 1998. — Created 1978
Ky. Acts ch. 282, sec. 15, effective June 17, 1978.
Effective: July 15, 2010
Terms Used In Kentucky Statutes 304.42-150
- Association: means the Kentucky Life and Health Insurance Guaranty Association created under KRS §. See Kentucky Statutes 304.42-050
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
- Member insurer: means any insurer or health maintenance organization licensed or authorized to transact in this state any kind of insurance or health maintenance organization business for which coverage is provided under KRS §. See Kentucky Statutes 304.42-050
- Year: means calendar year. See Kentucky Statutes 446.010
History: Amended 2010 Ky. Acts ch. 24, sec. 1568, effective July 15, 2010. — Amended 1998 Ky. Acts ch. 537, sec. 10, effective July 15, 1998. — Created 1978
Ky. Acts ch. 282, sec. 15, effective June 17, 1978.