Kentucky Statutes 342.805 – Definitions for KRS 342.801 to 342.843
Current as of: 2024 | Check for updates
|
Other versions
As used in KRS § 342.801 to KRS § 342.843, unless the context otherwise requires:
(1) “Authority” means the Kentucky Employers’ Mutual Insurance Authority. (2) “Board” means the board of directors of the authority.
(3) “Insurer of last resort” means an entity that provides workers’ compensation coverage to any and all employers who comply with the provisions of KRS § 342.801 to KRS § 342.843 for their business in and incidental to the Commonwealth.
(4) “Manager” means the manager of the authority.
(5) “Policyholder” means an employer in the Commonwealth or an employer with an employee or employees in the Commonwealth who has secured and maintains workers’ compensation coverage under this authority.
Effective: December 12, 1996
History: Amended 1996 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 40, effective December
12, 1996. — Created 1994 Ky. Acts ch. 181, Part 12, sec. 41, effective April 4, 1994.
(1) “Authority” means the Kentucky Employers’ Mutual Insurance Authority. (2) “Board” means the board of directors of the authority.
Terms Used In Kentucky Statutes 342.805
- Board: means the Workers' Compensation Board. See Kentucky Statutes 342.0011
- 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
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
(3) “Insurer of last resort” means an entity that provides workers’ compensation coverage to any and all employers who comply with the provisions of KRS § 342.801 to KRS § 342.843 for their business in and incidental to the Commonwealth.
(4) “Manager” means the manager of the authority.
(5) “Policyholder” means an employer in the Commonwealth or an employer with an employee or employees in the Commonwealth who has secured and maintains workers’ compensation coverage under this authority.
Effective: December 12, 1996
History: Amended 1996 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 40, effective December
12, 1996. — Created 1994 Ky. Acts ch. 181, Part 12, sec. 41, effective April 4, 1994.