AN ACT relating to regulatory authorizations by the commissioner of insurance.
It became law on Apr 10.
- Stage
- Became law
- Started in
- House
- Latest action
- Apr 10
Where it stands
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What it does
Create a new section of KRS Chapter 299 to establish procedures and authorization by the commissioner of insurance for the voluntary dissolution of certain companies transacting the business of insurance upon the cooperative or assessment plan; amend KRS 304.50-010 to prohibit the commissioner from authorizing additional workers' compensation self-insured groups on and after the effective date of the Act; amend KRS 342.350 to conform.
Where it goes next
Law in Kentucky. Agencies now write the rules that carry it out, and courts can stay or strike it.
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