Kentucky Statutes 342.821 – Quarterly reports of assets and liabilities
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On a quarterly basis, the manager shall prepare a report of assets and liabilities, which shall also include a statement of condition regarding the solvency of the authority when awarded claims to date, and estimated initial claims not reported, are taken into account. This report shall be a public record and shall be provided to the board, the Governor, and the Legislative Research Commission.
Effective: April 4, 1994
History: Created 1994 Ky. Acts ch. 181, Part 12, sec. 49, effective April 4, 1994.
Effective: April 4, 1994
Terms Used In Kentucky Statutes 342.821
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Board: means the Workers' Compensation Board. See Kentucky Statutes 342.0011
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
History: Created 1994 Ky. Acts ch. 181, Part 12, sec. 49, effective April 4, 1994.