KRS 304.20-080: Self-insurance of public housing authority.

Any public housing authority created pursuant to KRS Chapter 80 may self -insure,

subject to approval of the commissioner by filing with the commissioner in satisfactory

form:

(1) A continuing undertaking by the owner or other appropriate person to pay tort

liabilities;

(2) Evidence that appropriate provision exists for prompt and efficient administration

of all claims; and

(3) Evidence that reliable financial arrangements, deposits, or commitments exist

providing coverage substantially equivalent to that afforded by a policy of insurance

for payment of claims against a public housing authority.