Kansas Statutes

§ 40-2c09 — Same; notification a regulatory action level event

Kansas·Ch. 40 INSURANCE·Art. 2c RISK-BASED CAPITAL REQUIREMENTS
In the event of a notification by the commissioner to an insurer that the insurer's RBC plan or revised RBC plan is unsatisfactory, the commissioner, subject to the insurer's right to a hearing under K.S.A. 40-2c19, may specify in the notification that the notification constitutes a regulatory action level event.

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Related

§ 40-2c19
Kansas § 40-2c19

Legislative History

L. 1994, ch. 138, § 9; July 1.

Nearby Sections

15
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