Kansas Statutes

§ 40-2605 — Investigation by commissioner; issuance of license

Kansas·Ch. 40 INSURANCE·Art. 26 INSURANCE PREMIUM FINANCING

Upon the filing of an application and the payment of the license fee the commissioner shall make an investigation of each applicant and shall issue a license if he finds that the person to be licensed:

(a)Is competent and trustworthy and intends to act in good faith in the capacity involved by the license applied for,
(b)has a good business reputation and has had experience, training, or education so as to be qualified in the business for which the license is applied for, and
(c)if a corporation, is a corporation incorporated under the laws of this state or a foreign corporation authorized to transact business in this state.

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Legislative History

L. 1968, ch. 287, § 5; July 1.

Nearby Sections

15
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