Kansas Statutes
§ 40-1026 — Reinsurance of risks; assessment
Kansas § 40-1026
This text of Kansas § 40-1026 (Reinsurance of risks; assessment) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Kan. Stat. Ann. § 40-1026 (2026).
Text
The directors of a company organized under this article may reinsure its risks, whenever they deem it for the best interest of the company, by first obtaining the consent of the commissioner of insurance, and shall make an assessment to pay for the reinsuring of its risks as above provided; but if the company has a guarantee fund, the deposit notes shall not be assessed to reinsure policies, premiums for which have been paid in cash.
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Legislative History
L. 1927, ch. 231, 40-1026; 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 risksCite This Page — Counsel Stack
Bluebook (online)
Kansas § 40-1026, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/40-1026.