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KRS 304.41-020

Definitions

Effective: July 15, 2010 History: Amended 2010 Ky

As used in this subtitle:

(1) "Association" means the Joint Underwriting Association established pursuant to the provisions of this subtitle;

(2) "Legal professional liability insurance" means insurance as defined in KRS 304.5- 070(1)(j);

(3) "Commissioner" means the commissioner of the Department of Insurance; and (4) "Net direct premiums" means gross direct premiums written on the lines of insurance set forth in KRS 304.41-030(1) as computed by the commissioner of insurance, less return premiums for the unused or unabsorbed portions of premium deposits.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.