Section 309.442 - Insurance policy required for mitigation and measurement contractorsEach mitigation or measurement contractor shall maintain an insurance policy that:
(1) Is issued by an insurance company or other legal entity permitted to transact insurance business in the Commonwealth of Kentucky;(2) Provides for general liability coverage for measurement contractors in an amount of at least two hundred fifty thousand dollars ($250,000) that is maintained in effect at all times during the registration period;(3) Provides for general liability coverage for mitigation contractors and radon laboratories in an amount of at least five hundred thousand dollars ($500,000) that is maintained in effect at all times during the registration period;(4) Lists the board as a certificate holder of any insurance policy issued under subsection (1) of this section; and(5) States that cancellation or nonrenewal of the underlying liability insurance policy is not effective until the board receives at least ten (10) days' written notice of the cancellation or nonrenewal.Effective: July 14, 2022
Repealed, reenacted, and amended 2022 Ky. Acts ch. 73, sec. 7, effective July 14, 2022. -- Amended 2019 Ky. Acts ch. 159, sec. 6, effective June 27, 2019. -- Amended 2013 Ky. Acts ch. 68, sec. 4, effective June 25, 2013. -- Created 2011 Ky. Acts ch. 74, sec. 7, effective June 8, 2011
Formerly codified as KRS 211.9113.
Repealed, reenacted, and amended by 2022 Ky. Acts ch. 73,§ 7, eff. 7/14/2022.Formerly codified as KRS 211.9113.