Kentucky Revised Statutes
Subtitle 304.45 - Product Liability Risk Retention Groups
304.45-060 Requirements for eligibility for charter of out-of-state groups.

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Structure Kentucky Revised Statutes

Kentucky Revised Statutes

Subtitle 304.45 - Product Liability Risk Retention Groups

304.45-010 Purpose.

304.45-020 Definitions for subtitle.

304.45-030 Requirements for eligibility for charter of risk retention group to write liability insurance pursuant to this subtitle.

304.45-032 Board of directors of risk retention group -- Contracts with service provider -- Audit committee composed of independent directors -- Governance standards -- Code of business conduct and ethics -- Notification of noncompliance.

304.45-040 Requirements for doing business -- Exemptions.

304.45-050 Purchasing groups -- Exemptions from certain laws regarding liability insurance.

304.45-060 Requirements for eligibility for charter of out-of-state groups.

304.45-070 Requirements and prohibitions for risk retention and purchasing groups.

304.45-080 Taxation of risk retention groups and insurers.

304.45-090 Repealed, 1990.

304.45-100 Countersignature not required.

304.45-110 Group subject to unfair claims and settlement practices laws and regulations -- Commissioner to enforce.

304.45-120 Enforceability of order of United States District Court.

304.45-130 Unlicensed person prohibited from acting as agent for risk retention group or purchasing group.

304.45-140 Fees.

304.45-150 Regulations.