Ky. Rev. Stat. § 304.40-020

Current through Acts Received April 24, 2024

Section 304.40-020 - Definitions

As used in KRS 304.40-030 to 304.40-140:

(1) "Association" means the joint underwriting association established pursuant to the provisions of KRS 304.40-030 to 304.40-140.

(2) "Medical malpractice insurance" means insurance as defined in KRS 304.5-070(1)(j).

(3) "Commissioner" means the commissioner of the Department of Insurance.

(4) "Net direct premiums" means gross direct premiums written on the lines of insurance set forth in KRS 304.40-030(1), as computed by the commissioner, less return premiums for the unused or unabsorbed portions of premium deposits.

KRS 304.40-020

Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 1534, effective7/15/2010. -- Created 1976 Ky. Acts ch. 164, sec. 2, effective 6/19/1976.