12 chapters · 500 sections in this title.
KRS § 342.1221 Penalty and interest on late payment of assessments and expenses -- Waiver
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Waiver. Assessments levied and expenses owed pursuant to KRS 342.122, 342.1242, and 342.1243 and unpaid on the date on which they are due and payable shall bear interest at the rate specified in KRS 131.183 plus a penalty of one and one-half percent (1.5%) per month or portion th…
KRS § 342.1222 Refunds or credits on canceled or returned premiums
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(1) Every insurance carrier shall be entitled to a refund or credited with assessments paid on all canceled or returned premiums, including dividends paid or credited to policyholders, if the assessments are returned by the insurance carrier to the policyholder in addition to the…
KRS § 342.1223 Kentucky Workers' Compensation Funding Commission -- Commission's relationship with Office of Financial Management within the Finance and Administration Cabinet
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relationship with Office of Financial Management within the Finance and Administration Cabinet. (1) The Kentucky Workers' Compensation Funding Commission is created as an agency of the Commonwealth for the public purpose of controlling, investing, and managing the funds collected…
KRS § 342.1224 Board of directors of funding commission
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(1) The commission shall be governed by a board of directors consisting of seven (7) members. The seven (7) members shall include the secretary of the Education and Labor Cabinet or a designee, the secretary of the Cabinet for Economic Development or a designee, the secretary of …