KRS 341.040: Reserve account, reimbursing employer account, pooled account, and

annual payroll.

As used in this chapter, unless the context clearly requires otherwise:

(1) "Reserve account" means a separate book account maintained by the cabinet for

each subject c ontributing employer under KRS 341.530 and 341.540. No amount

shall be credited to any reserve account on any date which has not been actually

received by the cabinet by that date, and no benefit amount shall be charged against

any reserve account by any date for which a check has not been written and sent by

that date;

(2) "Reimbursing employer account" means a separate book account maintained by the

cabinet for each subject employer who elects to make payments in lieu of

contributions pursuant to KRS 341. 275 or 341.277. No benefit amount shall be

charged against any reimbursing employer account prior to the issuance of benefit

checks against that account;

(3) "Pooled account" means a separate book account maintained by the cabinet under

KRS 341.550;

(4) "Annual payroll" means the total amount of wages paid by a subject employer

during a twelve (12)-consecutive-month period for covered employment.