Kansas § 40-246g Surplus lines producer; exempt commercial purchaser

Kansas Statutes

§ 40-246g — Surplus lines producer; exempt commercial purchaser

Kansas § 40-246g

Ch. 40INSURANCE

Art. 2GENERAL PROVISIONS

This text of Kansas § 40-246g (Surplus lines producer; exempt commercial purchaser) 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. § 40-246g (2026).

Text

(a)A surplus lines producer seeking to place non-admitted insurance for an exempt commercial purchaser is not required to file the signed statement under K.S.A. 40-246b, and amendments thereto, if the surplus lines producer has disclosed to the exempt commercial purchaser that such insurance may or may not be available from the admitted market that may provide greater protection with more regulatory oversight and the exempt commercial purchaser has subsequently requested in writing the surplus lines producer to procure or place such insurance from a nonadmitted insurer.

(b)This section shall take effect on and after January 1, 2016.

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(a) A surplus lines producer seeking to place non-admitted insurance for an exempt commercial purchaser is not required to file the signed statement under K.S.A. 40-246b, and amendments thereto, if the surplus lines producer has disclosed to the exempt commercial purchaser that such insurance may or may not be available from the admitted market that may provide greater protection with more regulatory oversight and the exempt commercial purchaser has subsequently requested in writing the surplus lines producer to procure or place such insurance from a nonadmitted insurer.
(b) This section shall take effect on and after January 1, 2016.