Home/Kansas/Statutes/Ch. 40: INSURANCE/Art. 41: RISK RETENTION AND PURCHASING GROUPS/§ 40-4108
Kansas Statutes

§ 40-4108 — Risk retention group prohibited from joining insolvency guaranty fund

Kansas·Ch. 40 INSURANCE·Art. 41 RISK RETENTION AND PURCHASING GROUPS
No risk retention group shall be permitted to join or contribute financially to any insurance insolvency guaranty fund, or similar mechanism, in this state, nor shall any risk retention group, or its insured, receive any benefit from any such fund for claims arising out of the operations of such risk retention group.

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Kansas § 40-4108 (Risk retention group prohibited from joining insolvency guaranty fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

L. 1986, ch. 166, § 8; L. 1987, ch. 172, § 4; April 30.

Nearby Sections

15
§ 40-1001
Mutual company for insurance against fire, lightning, tornado, hail or explosion; exceptions; extended coverage endorsements; limitations
§ 40-1001a
Authority to insure glass breakage, vandalism and theft in addition to coverage under K.S.A. 40-1001; reserve fund and security deposit; requirements
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Classification of insurable property
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No policy issued until required application, premium notes and securities received
§ 40-1004
Directors; election; vacancy
§ 40-1005
Annual meeting of members; proxies
§ 40-1006
Officers; election; term
§ 40-1007
Deposit notes
§ 40-1008
Liability for losses; assessments; indebtedness
§ 40-1009
Recovery of assessments or on notes; cash policies not assessable
§ 40-101
Name
§ 40-1010
Suits for collection of assessments; liability of officers and directors; suits against company for losses
§ 40-1011
Property to be assessed and taxed
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Bylaws
§ 40-1013
Classification of risks
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