Definitions
KRS 304.40-020
in effect304.40-020. Definitions
As used in KRS 304.40-030 to 304.40-140:
(1) "Association" means the joint underwriting association established pursuant to the provisions of KRS 304.40-030 to 304.40-140.
(2) "Medical malpractice insurance" means insurance as defined in KRS 304.5- 070(1)(j).
(3) "Commissioner" means the commissioner of the Department of Insurance.
(4) "Net direct premiums" means gross direct premiums written on the lines of insurance set forth in KRS 304.40-030(1), as computed by the commissioner, less return premiums for the unused or unabsorbed portions of premium deposits.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1534, effective July 15, 2010. -- Created 1976 Ky. Acts ch. 164, sec. 2, effective June 19, 1976.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=30068Fetched: 10/20/2026