304.41 -020 Definitions. 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. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1548, effective July 15, 2010. -- Created 1978 Ky. Acts ch. 365, sec. 2, effective June 17, 1978.
Kentucky Legal Code