Kansas Statutes
§ 40-604 — Regulations and restrictions
It shall be unlawful for such association to make insurance on the health of individuals, or to contract the payment to any member or his beneficiaries a sum greater than three thousand dollars, unless such corporation or association shall have a membership sufficient to pay the face value of the certificate or policy in full with one single assessment to make insurance on the life of any person until such person has first been subjected to a medical examination by a regular practicing physician, and found to be insurable, except when insurance is granted against accident or disablement only; to make insurance on the life of any person above sixty years of age; to issue joint life certificates or policies granting insurance on the life of more than one person under one certificate or polic
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Legislative History
L. 1927, ch. 231, 40-604; June 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