KRS 304.48-130: Continuing effectiveness of certificate -- Termination of certificate at

request of group -- Merger with another group.

(1) A certificate of filing remains in effect until terminated at the request of the group

or suspended or revoked by the commissioner pursuant to KRS 304.48-220.

(2) The commissioner shall not grant the request of the liability self -insurance group to

terminate its certificate of filing unless the group has filed with the commissioner a

statement describing what arrangements, if a ny, have been made to pay obligations

of the group, including both known claims and expenses and incurred but not

reported claims and expenses.

(3) Subject to filing with the commissioner, a liability self -insurance group may merge

with another liability s elf-insurance group. As a result of any merger, the resulting

liability self-insurance group shall assume in full all obligations of the constituent

groups.