Kansas § 40-806 Continued transactions by burial insurance corporations engaging in business on January 1, 1961; conditions; limitation on risks

Kansas Statutes

§ 40-806 — Continued transactions by burial insurance corporations engaging in business on January 1, 1961; conditions; limitation on risks

Kansas § 40-806

Ch. 40INSURANCE

Art. 8BURIAL INSURANCE

This text of Kansas § 40-806 (Continued transactions by burial insurance corporations engaging in business on January 1, 1961; conditions; limitation on risks) 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. § 40-806 (2026).

Text

Any corporation already organized under the laws of this state and transacting the business of burial insurance on January 1, 1961, may continue the transaction of such business as provided by the laws of this state prior to the effective date of this act, except that such corporation may write burial insurance in an amount not exceeding three thousand dollars ($3,000) on any one life. If and when such a corporation alters its capital structure it must then comply with all of the requirements relating to capital stock life insurance companies organized under other provisions of the insurance code of the state of Kansas.

Free access — add to your briefcase to read the full text and ask questions with AI

Any corporation already organized under the laws of this state and transacting the business of burial insurance on January 1, 1961, may continue the transaction of such business as provided by the laws of this state prior to the effective date of this act, except that such corporation may write burial insurance in an amount not exceeding three thousand dollars ($3,000) on any one life. If and when such a corporation alters its capital structure it must then comply with all of the requirements relating to capital stock life insurance companies organized under other provisions of the insurance code of the state of Kansas.