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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
may enter into a contract of insurance. The Kentucky Insurance Code shall not apply to
the insurance contract, and the authority shall not be considered an insurer subject to the
Kentucky Insurance Code by virtue of entering into the contract. Effective: July 15, 1988
History: Created 1988 Ky. Acts ch. 383, sec. 10, effective July 15, 1988.
Formerly codified as KRS 154.049