Kentucky Statutes 304.44-120 – Management of subsidence fund and program by administrator
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The administrator has the power, duty and responsibility to establish and maintain the fund and supervise in all respects, consistent with the provisions of this subtitle, the operation and management of the mine subsidence insurance program established in this subtitle and to do all things necessary or convenient to accomplish the purpose of this subtitle.
Effective: July 13, 1984
History: Created 1984 Ky. Acts ch. 167, sec. 12, effective July 13, 1984.
Effective: July 13, 1984
Terms Used In Kentucky Statutes 304.44-120
- Administrator: means the organization designated by the commissioner of the department to administer the fund. See Kentucky Statutes 304.44-010
- fund: means the fund established by this subtitle and administered as determined by the department. See Kentucky Statutes 304.44-010
- Mine subsidence: means the collapse of underground coal mines resulting in direct damage to a structure. See Kentucky Statutes 304.44-010
History: Created 1984 Ky. Acts ch. 167, sec. 12, effective July 13, 1984.