§ 40-2c09

Kan. Stat. Ann. § 40-2c09

Same; notification a regulatory action level event

Effective Jul 1, 1994L. 1994, ch. 138, § 9; July 1.

In the event of a notification by the commissioner to an insurer that the insurer's RBC plan or revised RBC plan is unsatisfactory, the commissioner, subject to the insurer's right to a hearing under K.S.A. 40-2c19, may specify in the notification that the notification constitutes a regulatory action level event.

L. 1994, ch. 138, § 9; July 1.