Section 45A.022 - Application of chapter to insurance contracts(1) This chapter shall apply to all insurance contracts purchased by the Commonwealth, except where the commissioner of insurance determines, with the concurrence of the secretary of Finance and Administration Cabinet, that: (b) Competition is not feasible; or(c) The annual premium is less than ten thousand dollars ($10,000).(2) Notwithstanding subsection (1) of this section, the health insurance contract or contracts for state employees as authorized by KRS 18A.225 shall be subject to the provisions of KRS 45A.080, 45A.085 and 45A.090.Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 38, effective7/15/2010. -- Amended 2001, Ky. Acts ch. 164, sec. 4, effective 6/21/2001. -- Amended 1998, Ky. Acts ch. 82, sec. 13, effective 7/15/1998. -- Amended 1988 Ky. Acts ch. 5, sec. 7, effective 7/15/1988. -- Amended 1984 Ky. Acts ch. 23, sec. 2, effective 7/13/1984. -- Created 1982 Ky. Acts ch. 406, sec. 10, effective 7/15/1982.