Kansas § 40-1210 Foreign mutual insurance companies; paid-up capital and surplus requirements

Kansas Statutes

§ 40-1210 — Foreign mutual insurance companies; paid-up capital and surplus requirements

Kansas § 40-1210

Ch. 40INSURANCE

Art. 12MUTUAL INSURANCE COMPANIES OTHER THAN LIFE

This text of Kansas § 40-1210 (Foreign mutual insurance companies; paid-up capital and surplus requirements) 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. § 40-1210 (2026).

Text

Any such mutual insurance company organized under the laws of any other country, state or territory, having a surplus and deposit equal to that required of a domestic company writing the same kind of business and having complied with the other requirements of this code, shall be authorized to transact business in this state.
No provision of this act shall require insurance companies doing business in this state on January 1, 1969, which have subsequently become authorized to transact business in accordance with a different article of chapter 40 of the Kansas Statutes Annotated to comply with the surplus and deposit requirements of this act until May 1, 1994.

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Any such mutual insurance company organized under the laws of any other country, state or territory, having a surplus and deposit equal to that required of a domestic company writing the same kind of business and having complied with the other requirements of this code, shall be authorized to transact business in this state.
No provision of this act shall require insurance companies doing business in this state on January 1, 1969, which have subsequently become authorized to transact business in accordance with a different article of chapter 40 of the Kansas Statutes Annotated to comply with the surplus and deposit requirements of this act until May 1, 1994.