304.40-020 Definitions.

KY Rev Stat § 304.40-020 (2019) (N/A)
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304.40-020 Definitions. As used in KRS 304.40-030 to 304.40-140: (1) (2) (3) (4) "Association" means the joint underwriting association established pursuant to the provisions of KRS 304.40-030 to 304.40-140. "Medical malpractice insurance" means insurance as defined in KRS 304.5- 070(1)(j). "Commissioner" means the commissioner of the Department of Insurance. "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. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1534, effective July 15, 2010. -- Created 1976 Ky. Acts ch. 164, sec. 2, effective June 19, 1976.