Kansas Statutes

§ 40-1105 — Revocation of certificate of authority, when

Kansas·Ch. 40 INSURANCE·Art. 11 GENERAL PROVISIONS RELATIVE TO CASUALTY, SURETY AND FIDELITY COMPANIES
Whenever the surplus of any domestic or foreign insurance company authorized to transact any of the kinds or classes of business specified in section 40-1102 of this article shall be less than the minimum surplus required by law, the commissioner of insurance shall revoke the certificate of authority of such corporation to do business, in accordance with the hearing provisions set forth in K.S.A. 40-222.

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Related

§ 40-222
Kansas § 40-222

Legislative History

L. 1927, ch. 231, 40-1105; L. 1967, ch. 265, § 1; July 1.

Nearby Sections

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