304.99-070 Penalties for violation of KRS 304.32-300 and 304.32-320. (1) Any private employer who is subject to the provisions of KRS 304.32-300 and who fails to purchase a conversion health insurance policy as required by subsection (1) shall be fined not less than one hundred dollars ($100) nor more than one thousand dollars ($1,000), and each day that a private employer fails to purchase a conversion policy as required herein shall constitute a separate offense. (2) Any private employer who is subject to the provisions of KRS 304.32-320 and who fails to give to the Department of Insurance the notice therein required shall be fined not less than one hundred dollars ($100) nor more than five hundred dollars ($500). Each day that an employer fails to give notice after the date on which notice is required shall constitute a separate offense. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1654, effective July 15, 2010. -- Created 1978 Ky. Acts ch. 158, sec. 5, effective June 17, 1978.
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