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Kansas Statutes

Article 16

Reciprocal or Interinsurance Contracts

40-1601Exchange contracts authorized 40-1602Execution of contracts by attorney-in-fact 40-1603Domestic reciprocal; attorney-in-fact; declarations 40-1604Statements filed by attorney-in-fact with commissioner; amount of indemnity 40-1605Maintenance of unearned premiums and reserves; surplus funds; conditions 40-1606Advancements to company; conditions 40-1607Service of process upon commissioner; fee; suits by and against subscribers 40-1608Bond of attorney and employees 40-1609Power of corporation to exchange contracts 40-1610Certificate of authority; revocation or suspension 40-1611Levies and taxes on premiums; payment; deductions 40-1612Certain provisions of code to reciprocals 40-1613Authority to write fidelity and surety bonds; conditions 40-1615Merger of Armed Forces Cooperative Insuring Association with Armed Forces Insurance Exchange; definitions 40-1616Same; approval; assumption of policies and business by surviving entity 40-1617Same; merger agreement; approval; submission to insurance commissioner 40-1618Same; information required to be filed with insurance commissioner; notice and hearing on merger; approval, when; costs 40-1619Same; construction of act; exemption from certain provisions of law 40-1620Conversion of insurance company into insurance reciprocal; conversion plan requirements; approval; definitions 40-1621Same; hearing on conversion plan 40-1622Same; act supplemental to article 16 40-1623Definitions 40-1624Reciprocal; business name 40-1625Reciprocal; board of directors; requirements on; powers and duties 40-1626Subscriber's agreement; requirements 40-1627Modification of power of attorney; filing requirements 40-1628Reciprocal; return of savings to subscriber accounts 40-1629Domestic reciprocal; liquidation; requirements on 40-1630Reciprocal; assessable insurance policies, prohibition against issuance 40-1631Conversion of reciprocal to a mutual insurance company; conversion plan requirements; approval; definitions