Kansas § 40-3602 Insolvent insurers; offset of unearned premiums by agent; contract provisions with agent, application

Kansas Statutes

§ 40-3602 — Insolvent insurers; offset of unearned premiums by agent; contract provisions with agent, application

Kansas § 40-3602

Ch. 40INSURANCE

Art. 36IMPAIRED OR INSOLVENT INSURERS

This text of Kansas § 40-3602 (Insolvent insurers; offset of unearned premiums by agent; contract provisions with agent, application) 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. § 40-3602 (2026).

Text

(a)Subject to the limitations specified in K.S.A. 40-2906 and amendments thereto, an insurance agent shall have the right to offset unearned premiums for their insureds on payment of the agent's account to an insolvent insurer as defined in K.S.A. 40-2903 and amendments thereto.

(b)The provisions of any contract between an insurance agent and an insolvent insurer shall apply for the duration of all policies in effect and until all accounts are settled with the insolvent insurer.

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(a) Subject to the limitations specified in K.S.A. 40-2906 and amendments thereto, an insurance agent shall have the right to offset unearned premiums for their insureds on payment of the agent's account to an insolvent insurer as defined in K.S.A. 40-2903 and amendments thereto.
(b) The provisions of any contract between an insurance agent and an insolvent insurer shall apply for the duration of all policies in effect and until all accounts are settled with the insolvent insurer.