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164.893 Termination of fund.

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164.893 Termination of fund. Any fund created hereunder may be terminated upon written application made to the <br>secretary by the university and a finding by the secretary that other satisfactory and <br>adequate arrangements have been made by the university to assure that both existing and <br>future health care malpractice claims or judgments against it will be paid and satisfied. <br>Upon the termination of any fund pursuant to this section, the full amount remaining in <br>said fund upon termination less any outstanding indebtedness shall promptly be repaid to <br>the university. Effective: June 17, 1978 <br>History: Amended 1978 Ky. Acts ch. 346, sec. 3, effective June 17, 1978. -- Created 1976 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 4.