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Form a Business

Purpose of subtitle

KRS 304.50-005
in effect
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304.50-005. Purpose of subtitle The purpose of this subtitle is to establish minimum financial standards for workers' compensation self-insured groups to ensure that self-insured groups are providing adequate coverage for member employers' risks and liabilities under KRS Chapter 342 for injured employees of the member employers. Effective: March 1, 2005 History: Created 2005 Ky. Acts ch. 7, sec. 1, effective March 1, 2005.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=30245Fetched: 10/20/2026

Starting a business in Kentucky? Kentucky LLC guide: costs and requirements