Ky. Rev. Stat. § 304.36-020
Current through Acts Received April 18, 2024
The purpose of this subtitle is to provide a mechanism for the payment of covered claims under certain insurance policies to avoid excessive delay in payment and to the extent provided in this subtitle to minimize financial loss to claimants or policyholders because of the insolvency of an insurer, to assist in the detection and prevention of insurer insolvencies, and to provide a means of funding the cost of such protection among insurers.
KRS 304.36-020
Amended 1998, Ky. Acts ch. 99, sec. 1, effective7/15/1998. -- Created 1972 Ky. Acts ch. 137, sec. 2, effective 6/16/1972.