Kansas Statutes

§ 40-2c28 — Property and casualty insurer exempt; when

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

The commissioner may exempt from the application of K.S.A. 40-2c01 through 40-2c27, and amendments thereto, any domestic property and casualty insurer which:

(a)Writes direct business only in this state;
(b)writes direct annual premiums of $2,000,000 or less; and
(c)assumes no reinsurance in excess of 5% of direct premiums written.

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Related

§ 40-2c01
Kansas § 40-2c01

Legislative History

L. 1996, ch. 134, § 10; July 1.

Nearby Sections

15
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