Kansas Statutes

§ 40-3519 — Reinsurance; establishment and maintenance of reserves in appropriate proportions by insurance company and reinsurer

Kansas § 40-3519
JurisdictionKansas
Ch. 40INSURANCE
Art. 35MORTGAGE GUARANTY INSURANCE COMPANIES

This text of Kansas § 40-3519 (Reinsurance; establishment and maintenance of reserves in appropriate proportions by insurance company and reinsurer) 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. § 40-3519 (2026).

Text

Whenever a mortgage guaranty insurance company obtains reinsurance from an insurance company which is properly licensed to provide reinsurance or from an appropriate governmental agency, the mortgage guaranty insurer and the reinsurer shall establish and maintain the reserves required in this act in appropriate proportions in relation to the risk retained by the original insurer and ceded to the assuming reinsurer so that the total reserves established shall not be less than the reserves required by this act.

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Legislative History

L. 1977, ch. 154, § 19; January 1, 1978.

Nearby Sections

15
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Bluebook (online)
Kansas § 40-3519, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/40-3519.