Booster Clubs compliant with state law [The Sentinel Echo, London, Ky.] - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 31, 2013 Newswires
Share
Share
Post
Email

Booster Clubs compliant with state law [The Sentinel Echo, London, Ky.]

Rob McDaniel, The Sentinel Echo, London, Ky.
By Rob McDaniel, The Sentinel Echo, London, Ky.
McClatchy-Tribune Information Services

July 30--LAUREL COUNTY, Ky. -- Effective July 1, state law requires all school booster clubs to have their own individual tax ID number and at least $1 million in general liability insurance. The Laurel County Board of Education approved the new requirements in May and set about to train club leaders how to implement and adapt to the new policies.

The Redbook, also known as "Accounting Procedures for School Activity Funds," is a standardized handbook outlining all policies and requirements of clubs and PTOs.

In addition to requiring the tax ID number and the liability insurance, the Redbook also stipulates that school board employees are no longer allowed to be in positions within booster clubs or PTOs that require them to sign checks or manage any kind of money

Adam Hooker, Laurel County Schools accounting director, said local booster clubs are welcoming the new changes and are well on their way to becoming compliant.

" All of our clubs have already moved board members from positions that would require them to manage money for the clubs," Hooker said. "The booster clubs are there to help the kids. They want to do the right thing, so they're making this transition as easy as possible."

Christie Shrader, co-chair of the Wyan-Pine Grove PTO, said the new changes from the Redbook implemented for the 2013 -- 2014 school year will benefit everyone, including students and the community.

"I think this was a great idea," Shrader said. "It provides a security blanket, not just for our students, but also anyone that comes out to our events.

Shrader said Hooker and his staff made the transition to being Redbook compliant very easy.

"Adam was extremely available and helpful," Shrader said. "He walked us through the process and even gave us some really good suggestions on local insurance companies to go through."

Hooker said all boosters and PTOs are eagerly making changes and will be 100 percent compliant before the start of the school year.

"All of our boosters and PTOs are cooperating," Hooker said. "They have all already provided proof of liability insurance. Almost all of our boosters and PTOs are already compliant to the changes in the Redbook. The ones who aren't yet are working on it. This transition has went off much smoother than I initially thought it would."

___

(c)2013 The Sentinel Echo (London, Ky.)

Visit The Sentinel Echo (London, Ky.) at www.sentinel-echo.com

Distributed by MCT Information Services

Wordcount:  406

Older

Rep. Negrete McLeod Announces Affordable Care Act Town Hall

Newer

State Farm’s expansion continues with $600M campus in Arizona [The Pantagraph, Bloomington, Ill.]

Advisor News

  • Could your practice benefit from an advisory board?
  • SEC nears settlement with accused scammer Tai Lopez
  • The 3 things that shrink your Social Security income
  • Proposed legislation takes aim at Social Security shortfall
  • The overlooked retirement security risk that must be addressed
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
  • Built-in guaranteed annuities: What advisors should know
  • Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
  • Why job boards are failing insurance agencies
More Annuity News

Health/Employee Benefits News

  • agilon health Reports ACO REACH Model Results for 2024 Performance Year
  • Ohio saw the largest drop in enrollment after Trump/Republican Affordable Care Act cuts
  • Ohio children unable to access mental healthcare because of insurance, costs, and lack of providers
  • THE BIG UGLY IMPACTS OF THE BIG BEAUTIFUL BILL: HOW H.R. 1 IS HURTING CHILDREN'S HEALTH ONE YEAR IN
  • NJ DEPARTMENT OF BANKING AND INSURANCE ANNOUNCES GRANT OPPORTUNITY FOR COMMUNITY ORGANIZATIONS TO HELP NEW JERSEYANS ENROLL IN HEALTH COVERAGE
More Health/Employee Benefits News

Life Insurance News

  • Could your practice benefit from an advisory board?
  • AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
  • Reliance Matrix Expands Employee Navigator Integration with New Evidence of Insurability (EOI) API Enhancement
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet