154.20.570 Contract recapture provisions.
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<![CDATA[154.20-570 Contract recapture provisions. Any contract between the authority and the insurance corporation shall contain provisions <br>for the recapture by the authority of any profits made by the insurance corporation; but <br>such recapture may be delayed indefinitely if the continued use of funds so derived by the <br>insurance corporation shall be deemed by the authority to promote the purposes of the <br>authority. Effective: July 1, 1978 <br>History: Created 1978 Ky. Acts ch. 96, sec. 19, effective July 1, 1978. <br>Formerly codified as KRS 154.575 ]]>