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Kentucky · Snapshot 09/05/2026

KRS 304.38A-080: Net worth -- Deposit -- Risk-based capital requirements.

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Where this section sits in the code

    (1) Each limited health service organization shall at all times have and maintain a net

    worth of not less than one hundred twenty-five thousand dollars ($125,000).

    (2) (a) Each limited health service organization shall deposit with the commissioner

    or with any organization or trustee acceptable to the commissioner through

    which a custodial or controlled account is utilized, cash, securities, or any

    combination of these or other measures that is acceptable to the commissioner

    in an amount equal to fifty thousand dollars ($50,000).

    (b) The deposit shall be an admitted asset.

    (3) A limited health service organization shall at all times comply with the risk -based

    capital requirements for health organizations in administrative regulations

    promulgated by the commissio ner for health maintenance organizations and other

    health organizations.

    Collected 2026-09-05T20:57:57Z. Source file · JSON

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