304.99 -070 Penalties for violation of KRS 304.32 -300 and 304.32 -320. (1) Any private employer who is subject to the provisions of KRS 304.32 -300 and who fails to purchase a conversion health insurance policy as required by subsection (1) shall be fined not less than one hundred dollars ($100) nor more than one thousand dollars ($1,000), and each day that a private employer fails to purchase a conversion policy as required herein shall constitute a separate offense. (2) Any private employer who is subject to the provisions of KRS 304.32 -320 and who fails to give to the Department of Insurance the notice therein required shall be fined not less than one hundred dollars ($100) nor more than five hundred dollars ($500). Each day that an employer fails to give notice after the date on which notice is required shall constitute a separa te offense. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 1654, effective July 15, 2010. -- Created 1978 Ky. Acts ch. 158, sec. 5, effective June 17, 1978.
Kentucky Legal Code