The purpose of this subtitle is to establish minimum financial standards for workers’ compensation self-insured groups to ensure that self-insured groups are providing adequate coverage for member employers’ risks and liabilities under KRS Chapter 342 for injured employees of the member employers.
Effective: March 1, 2005

Terms Used In Kentucky Statutes 304.50-005

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.

History: Created 2005 Ky. Acts ch. 7, sec. 1, effective March 1, 2005.