{"data":{"id":"us-ky/krs-304.38a-080","jurisdiction":"us-ky","citation":"KRS 304.38A-080","heading":"Net worth -- Deposit -- Risk-based capital requirements.","body":"(1) Each limited health service organization shall at all times have and maintain a net\nworth of not less than one hundred twenty-five thousand dollars ($125,000).\n(2) (a) Each limited health service organization shall deposit with the commissioner\nor with any  organization or trustee acceptable to the commissioner through\nwhich a custodial or controlled account is utilized, cash, securities, or any\ncombination of these or other measures that is acceptable to the commissioner\nin an amount equal to fifty thousand dollars ($50,000).\n(b) The deposit shall be an admitted asset.\n(3) A limited health service organization shall at all times comply with the risk -based\ncapital requirements for health organizations in administrative regulations\npromulgated by the commissio ner for health maintenance organizations and other\nhealth organizations.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=30020","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:57Z","sha256":"04dfbb2f5d18cdda44a768bb0baad9cc1dbb846698cd28cf1c57ebd77e6e8091","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.38a-070","next":"us-ky/krs-304.38a-090"},"notice":"GroundRules: Original legal text. Not legal advice."}