Statutes, codes, and regulations
Kentucky Revised Statutes
Title 12 - CONSERVATION AND STATE DEVELOPMENTChapter 154 - DEVELOPMENTSubchapter 154.20 - FINANCING OF DEVELOPMENT GENERALLY
KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY
Section 154.20-050 - Contract of insurance by authority - Authority not an insurer

Ky. Rev. Stat. § 154.20-050

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Current through 2024 Ky. Acts ch.225
Section 154.20-050 - Contract of insurance by authority - Authority not an insurer

To provide loan insurance pursuant to KRS 154.20-040 and 154.20-045, the authority may enter into a contract of insurance. The Kentucky Insurance Code shall not apply to the insurance contract, and the authority shall not be considered an insurer subject to the Kentucky Insurance Code by virtue of entering into the contract.

KRS 154.20-050

Effective:7/15/1988
Created 1988 Ky. Acts ch. 383, sec. 10, effective7/15/1988.