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342.821 Quarterly reports of assets and liabilities.

KY Rev Stat § 342.821 (2019) (N/A)
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342.821 Quarterly reports of assets and liabilities. On a quarterly basis, the manager shall prepare a report of assets and liabilities, which shall also include a statement of condition regarding the solvency of the authority when awarded claims to date, and estimated initial claims not reported, are taken into account. This report shall be a public record and shall be provided to the board, the Governor, and the Legislative Research Commission. Effective: April 4, 1994 History: Created 1994 Ky. Acts ch. 181, Part 12, sec. 49, effective April 4, 1994.

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342.823 Discounting not to be used in determining solvency -- Authority's reports -- Annual statement of solvency -- Circumstances permitting contract audit with certified public accountant -- Discretionary levy and enforcement of assessments.