Kansas Insurance Guaranty Association Act | Midpage

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Kansas Statutes

Article 29

Kansas Insurance Guaranty Association Act

40-2901Purpose and construction 40-2902Same; application 40-2903Definitions 40-2904Same; creation of nonprofit association, membership; functions 40-2905Board of directors; membership; selection; vacancies; expenses; removal 40-2906Insolvency of insurer; duties of association; powers; certificate of contribution 40-2906aCertificate of contribution as asset of insurer; offset against premium tax liability 40-2907Same; plan of operation; rules and regulations of commissioner; compliance with plan; provisions of plan 40-2908Same; powers and duties of commissioner 40-2909Same; assignment of rights to association upon recovery under act; cooperation; actions against insurer; claims against insolvent insurer 40-2910Certificate of contribution as asset of insurer; claims; exhaustion of rights under policy; recovery reductions 40-2911Same; detection and prevention of insurer insolvencies; reports and recommendations 40-2912Same; association subject to examination and regulation by commissioner; financial report 40-2913Same; tax exemptions 40-2914Same; rates and premiums of policies to include amounts of assessments to association 40-2915Same; liability of parties for actions 40-2916Same; stay of proceedings to permit defense by association; application to set aside judgment or finding 40-2917Termination of operation of association, when; discontinuance of payments to association; distribution of assets of company 40-2918Same; rules and regulations 40-2919Same; citation of act