Kansas Statutes
§ 40-3503 — Capital and surplus requirements
Kansas § 40-3503
This text of Kansas § 40-3503 (Capital and surplus requirements) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Kan. Stat. Ann. § 40-3503 (2026).
Text
A mortgage guaranty insurance company shall not transact the business of mortgage guaranty insurance unless, if said company is a stock insurance company, it has paid-in capital of at least one million dollars ($1,000,000) and surplus of at least one million dollars ($1,000,000), or if said company is a mutual insurance company, it has a minimum surplus of two million dollars ($2,000,000).
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
L. 1977, ch. 154, § 3; January 1, 1978.
Nearby Sections
15
§ 40-1002
Classification of insurable property§ 40-1004
Directors; election; vacancy§ 40-1005
Annual meeting of members; proxies§ 40-1006
Officers; election; term§ 40-1007
Deposit notes§ 40-101
Name§ 40-1011
Property to be assessed and taxed§ 40-1012
Bylaws§ 40-1013
Classification of risksCite This Page — Counsel Stack
Bluebook (online)
Kansas § 40-3503, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/40-3503.