Home/Kansas/Statutes/Ch. 40: INSURANCE/Art. 3: ORGANIZATION, MERGER OR CONSOLIDATION OF STOCK COMPANIES/§ 40-302
Kansas Statutes

§ 40-302 — Minimum capital; par value of stock

Kansas·Ch. 40 INSURANCE·Art. 3 ORGANIZATION, MERGER OR CONSOLIDATION OF STOCK COMPANIES
Every insurance company organized under the provisions of this article shall have a minimum capital as provided by the articles of this code relative to the particular purpose or purposes for which such company is organized, and the shares of capital stock shall have a par value which shall be fixed by the articles of incorporation.

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Legislative History

L. 1927, ch. 231, 40-302; June 1.

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