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SCR 3.023 Disclosure of professional liability insurance

Baldwin's Kentucky Revised Statutes AnnotatedRules of the Supreme CourtEffective: April 1, 2022

Baldwin's Kentucky Revised Statutes Annotated
Rules of the Supreme Court
III Practice of Law (Refs & Annos)
Effective: April 1, 2022
Rules of the Supreme Court (SCR), Rule 3.023
SCR 3.023 Disclosure of professional liability insurance
(1) On or before September 1 of each year, every active member of the Association shall certify to the Executive Director in such form and manner as the Board may designate:
(a) Whether the member is engaged in the private practice of law;
(b) If engaged in the private practice of law, whether the member is currently covered by a policy of professional liability insurance with minimum limits of $100,000.00 per claim and $300,000.00 aggregate for all claims during the policy term; and
(c) Whether the member is exempt from the disclosure provisions of this Rule.
(2) If any active member not exempt from the provisions of this Rule as provided in paragraph (5) fails to certify by October 1 of each year that the member is in compliance with this Rule, the member shall be assessed a late fee of fifty dollars ($50.00).
(3) Each member who has previously reported being covered by professional liability insurance as set forth in paragraph 1(b) of this Rule shall notify the Executive Director in writing in such form and manner as the Board may designate within 30 days if the insurance policy providing coverage lapses, terminates, or is no longer in effect for any reason.
(4) The information disclosed pursuant to this Rule will be made available to the public by such means as the Board may designate.
(5) The following members are exempt from the disclosure provisions of this Rule:
(a) Members who are employed by a government entity and who do not represent clients outside of that capacity; and
(b) Members who are employed by an organization client and who do not represent clients outside of that capacity.
(c) Members who are designated as honorary members in the association bylaws under SCR 3.030(4).

Credits

HISTORY: Amended by Order 2022-54, eff. 4-1-22 nunc pro tunc; prior amendment eff. 4-1-22 (Order 2022-11). Adopted by Order 2017-18, eff. 1-1-18
Note: Former Rules of Appellate Procedure (RAP) were amended and redesignated as Rules of the Supreme Court (SCR) by Order of the Supreme Court effective January 1, 1978. Prior Rules of the Court of Appeals (RCA) had been redesignated as Rules of Appellate Procedure effective March 12, 1976.
Sup. Ct. Rules, Rule 3.023, KY ST S CT Rule 3.023
Current with amendments received through March 1, 2024. Some sections may be more current, see credits for details.
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