304.5 0-025 Certification by commissioner required to issue binder or certificate of insurance for workers' compensation coverage -- Certificates of filing issued by Department of Workers' Claims remain in effect unless revoked or suspended. (1) Except for an activity arising in the creation of a workers' compensation self -insured group, a person or entity shall not issue a binder or certificate of insurance for workers' compensation coverage unless the workers' compensation self -insured group has been certifie d to do so by the commissioner. A certification issued by the commissioner shall remain in effect until revoked or modified by the commissioner in accordance with KRS 304.50 -140. (2) All certificates of filing issued by the commissioner of the Department o f Workers' Claims prior to March 1, 2005, shall remain in full force and effect, unless revoked or suspended by the commissioner in accordance with KRS 304.50 -140. The commissioner shall issue replacement certificates of filing within thirty (30) days of March 1, 2005. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1627, effective July 15, 2010. -- Created 2005 Ky. Acts ch. 7, sec. rtificates of filing within thirty (30) days of March 1, 2005. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1627, effective July 15, 2010. -- Created 2005 Ky. Acts ch. 7, sec. 5, effective March 1, 2005.
Kentucky Legal Code