Kansas Statutes
§ 40-4325 — Branch captive insurance companies; establishment
(a)A branch captive insurance company, as defined in K.S.A. 40-4326, and amendments thereto, may be established in Kansas in accordance with the provisions of the captive insurance act. In addition to the general provisions of chapter 40 of the Kansas Statutes Annotated, and amendments thereto, the provisions of the captive insurance act shall apply to branch captive insurance companies. In the event of conflict between the provisions of chapter 40 of the Kansas Statutes Annotated, and amendments thereto, and the provisions of the captive insurance act, the latter shall control.
(b)No branch captive insurance company shall do any insurance business in Kansas unless it maintains the principal place of business for its branch operations, as defined in K.S.A. 40-4326, and amendments thereto
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Related
§ 40-4326
Kansas § 40-4326
Legislative History
L. 2018, ch. 50, § 8; July 1.
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 risks