GroundRules
← Search the law
Kentucky · Snapshot 09/05/2026

KRS 304.40-090: Board of directors -- Selection -- Qualifications.

Read at publisher ↗
Where this section sits in the code

    The association shall be governed by a board of thirteen (13) directors. Five (5) directors

    shall be elected by the insurance companies which are members of the association, at a

    meeting of the member companies at a time and place designated by the commiss ioner,

    by cumulative voting of the member companies, whose vote shall be weighted in

    accordance with each member's net direct premiums written during the preceding

    calendar year. One (1) of these five (5) directors shall be from a member company

    domiciled in Kentucky. The commissioner shall appoint seven (7) directors, one (1)

    named by the Kentucky Medical Association; one (1) named by the Kentucky Bar

    Association; one (1) named by the Kentucky Hospital Association; one (1) who is a

    licensed resident proper ty and casualty agent in Kentucky; and three (3) knowledgeable

    members of the public at large, who have no interest in any of the foregoing categories.

    The commissioner or the commissioner's designee shall serve as a director.

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

    Browse this collection