Kansas § 40-2c10 Domestic insurer to file RBC plan in any state authorized to do business

Kansas Statutes

§ 40-2c10 — Domestic insurer to file RBC plan in any state authorized to do business

Kansas·Ch. 40 INSURANCE·Art. 2c RISK-BASED CAPITAL REQUIREMENTS

Every domestic insurer that files an RBC plan or revised RBC plan with the commissioner shall file a copy of the RBC plan or revised RBC plan with the insurance commissioner in any state in which the insurer is authorized to do business if:

(a)Such state has an RBC provision substantially similar to K.S.A. 40-2c20; and

(b)the insurance commissioner of that state has notified the insurer of such insurance commissioner's request for the filing in writing, in which case the insurer shall file a copy of the RBC plan or revised RBC plan in that state no later than the later of:

(1)Fifteen days after the receipt of notice to file a copy of its RBC plan or revised RBC plan with the state; or

(2)the date on which the final RBC plan or revised RBC plan is filed under K.S.A. 40-2c07 and 40-2c08.

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Every domestic insurer that files an RBC plan or revised RBC plan with the commissioner shall file a copy of the RBC plan or revised RBC plan with the insurance commissioner in any state in which the insurer is authorized to do business if:
(a) Such state has an RBC provision substantially similar to K.S.A. 40-2c20; and
(b) the insurance commissioner of that state has notified the insurer of such insurance commissioner's request for the filing in writing, in which case the insurer shall file a copy of the RBC plan or revised RBC plan in that state no later than the later of:
(1) Fifteen days after the receipt of notice to file a copy of its RBC plan or revised RBC plan with the state; or
(2) the date on which the final RBC plan or revised RBC plan is filed under K.S.A. 40-2c07 and 40-2c08.

Kansas § 40-2c10 (Domestic insurer to file RBC plan in any state authorized to do business) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.