342.155 Payment of lump -sum compensation to trustee. Whenever the administrative law judge considers it expedient, any lump sum which is paid as provided in this chapter shall be paid to any suitable person appointed by the District Court of the county of the residence of the injured employee or of his depen dents as trustee to administer or apply the same for the benefit of the person or persons entitled thereto. The receipt of such trustee for the amount so paid to him shall discharge the employer and his insurer. Except as otherwise herein specifically prov ided, the manner of qualification and the rights, duties, and liabilities of the trustee shall be determined by the general laws of this state. Effective: December 12, 1996 History: Amended 1996 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 73, effective Decembe r 12, 1996. -- Amended 1987 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 19, effective, January 4, 1988. -- Amended 1980 Ky. Acts ch. 104, sec. 7, effective July 15, 1980. - - Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4908.
Kentucky Legal Code