40-104. Supervision over transactions. The commissioner of insurance shall have supervision of all transactions relating to the organization or reorganization of insurance companies organized under the laws of this state, and shall also supervise the sale of all stock certificates, bonds or other evidences of interest or indebtedness issued by any such companies. The commissioner of insurance shall supervise in this state the sale of stock certificates, bonds or other evidences of interest or indebtedness by companies organized under the laws of any other state or country.
History: L. 1927, ch. 231, 40-104; L. 1931, ch. 201, ยง 1; May 28.
Structure Kansas Statutes
Article 1 - Insurance Department
40-102 Insurance department; creation; commissioner of insurance, duties and salary.
40-103 Supervision of commissioner.
40-104 Supervision over transactions.
40-105 Powers, duties, authority and jurisdiction conferred on commissioner of insurance.
40-106 Commissioner, election, term; vacancy.
40-108 Annual report of commissioner; record of proceedings.
40-109 Qualifications; personal attention to duties; interest in insurance company.
40-110 Assistants and employees; salaries; oaths; authority of assistants; responsibility.