Kansas § 40-4319 Captive insurance companies; pure captive insurance companies; rules and regulations, authority of commissioner

Kansas Statutes

§ 40-4319 — Captive insurance companies; pure captive insurance companies; rules and regulations, authority of commissioner

Kansas § 40-4319

Ch. 40INSURANCE

Art. 43CAPTIVE INSURANCE COMPANIES

This text of Kansas § 40-4319 (Captive insurance companies; pure captive insurance companies; rules and regulations, authority of commissioner) 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. § 40-4319 (2026).

Text

The commissioner may adopt rules and regulations establishing standards to ensure that a pure captive insurance company's parent or any of its affiliated companies is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company, except that, until such time as rules and regulations under this section are adopted, the commissioner may approve the coverage of such risks by a pure captive insurance company on a case-by-case basis.

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The commissioner may adopt rules and regulations establishing standards to ensure that a pure captive insurance company's parent or any of its affiliated companies is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company, except that, until such time as rules and regulations under this section are adopted, the commissioner may approve the coverage of such risks by a pure captive insurance company on a case-by-case basis.