342.016 Repealed, 1972. Catchline at repeal: Bond, security or insurance policy to be filed by employer in hazardous occupation who does not elect to operate under chapter -- Penal sum. History : Repealed 1972 Ky. Acts ch. 78, sec. 36, effective January 1, 1973. -- Created 1946 Ky. Acts ch. 61, sec. 1.