Kansas Statutes
§ 40-1024 — Cash or notes in payment of premiums; liability of members of company
Any company organized under this article having a guarantee fund of not less than twenty-five thousand dollars may except in payment of the premiums on its policies cash or time notes payable in assessments at such time and place as provided in such note or notes, but the members of such company shall not be liable to the company or any other person to exceed the amount of their premiums or deposit notes and interest due thereon.
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Kansas § 40-1024 (Cash or notes in payment of premiums; liability of members of company) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
L. 1927, ch. 231, 40-1024; June 1.
Nearby Sections
15
§ 40-1002
Classification of insurable property§ 40-1004
Directors; election; vacancy§ 40-1005
Annual meeting of members; proxies§ 40-1006
Officers; election; term§ 40-1007
Deposit notes§ 40-101
Name§ 40-1011
Property to be assessed and taxed§ 40-1012
Bylaws§ 40-1013
Classification of risks