{"data":{"id":"us-ky/krs-304.40-090","jurisdiction":"us-ky","citation":"KRS 304.40-090","heading":"Board of directors -- Selection -- Qualifications.","body":"The association shall be governed by a board of thirteen (13) directors. Five (5) directors\nshall be elected by the insurance companies which are members of the association, at a\nmeeting of the member companies at a time and place designated by the commiss ioner,\nby cumulative voting of the member companies, whose vote shall be weighted in\naccordance with each member's net direct premiums written during the preceding\ncalendar year. One (1) of these five (5) directors shall be from a member company\ndomiciled in Kentucky. The commissioner shall appoint seven (7) directors, one (1)\nnamed by the Kentucky Medical Association; one (1) named by the Kentucky Bar\nAssociation; one (1) named by the Kentucky Hospital Association; one (1) who is a\nlicensed resident proper ty and casualty agent in Kentucky; and three (3) knowledgeable\nmembers of the public at large, who have no interest in any of the foregoing categories.\nThe commissioner or the commissioner's designee shall serve as a director.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=30076","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:57Z","sha256":"8901c6f1fcbcae03ec31b7f8a1a9d4a8768a121fab0bdd86382d8691f265decf","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.40-080","next":"us-ky/krs-304.40-100"},"notice":"GroundRules: Original legal text. Not legal advice."}
