{"data":{"id":"us-ky/krs-304.48-160","jurisdiction":"us-ky","citation":"KRS 304.48-160","heading":"Officers, directors, or employees not to have interest in administrator --","body":"Exception.\n(1) Except as provided in subsection (2) of this section, no service company or its\nemployees, officers, or directors shall be an employee, officer, or director o f, or\nhave either a direct or indirect interest in, an administrator. No administrator or its\nemployees, officers, or directors shall be an employee, officer, or director of, or\nhave either a direct or indirect financial interest in, a service company.\n(2) Liability self -insurance groups formed by public entities may create public\nadministrator and service companies to administer or service the group's self -\ninsurance program. These administrator and service companies may have\nemployees, directors, or office rs in common if the board of directors for the public\nliability self-insurance group has direct authority over these public companies and\nthe employees of the companies are public employees.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=30207","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:59Z","sha256":"1217e6bb92e72de821a525e01087d8131ed51e5a3784b4e357a0d68f818378a6","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.48-150","next":"us-ky/krs-304.48-170"},"notice":"GroundRules: Original legal text. Not legal advice."}