Election to operate under this chapter if an employer is not mandatorily subject to the chapter shall be effected by the employer purchasing workers’ compensation insurance or qualifying as a self insured. The proof of election shall be the proof of insurance coverage provided for in KRS § 342.340(2).
History: Amended 1976 Ky. Acts ch. 160, sec. 7. — Amended 1968 Ky. Acts ch. 159, sec. 2. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4956.

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Terms Used In Kentucky Statutes 342.390

  • 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