154.20.050 Contract of insurance by authority -- Authority not an insurer.
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<![CDATA[154.20-050 Contract of insurance by authority -- Authority not an insurer. To provide loan insurance pursuant to KRS 154.20-040 and 154.20-045, the authority <br>may enter into a contract of insurance. The Kentucky Insurance Code shall not apply to <br>the insurance contract, and the authority shall not be considered an insurer subject to the <br>Kentucky Insurance Code by virtue of entering into the contract. Effective: July 15, 1988 <br>History: Created 1988 Ky. Acts ch. 383, sec. 10, effective July 15, 1988. <br>Formerly codified as KRS 154.049 ]]>