40-1134. Title insurance companies; policy requirements. (a) Any title insurance company insuring titles to real estate located within Kansas shall specify in any policy issued when the governing body of a municipal or quasi-municipal corporation in which the property is located has filed with the register of deeds of the county or counties in which such municipal or quasi-municipal corporation is located, a certified copy of any ordinance or resolution creating or establishing any public improvement or special benefit district or any other district having the power to impose special assessments upon taxable tangible real property in the district as required by K.S.A. 12-153, and amendments thereto, provided the municipal or quasi-municipal corporation creating such public improvement or special benefit district has particularly described: (1) The external boundaries of the district by metes and bounds; (2) all platted areas block or parcel in any addition, or subdivision; and (3) in all unplatted areas, every tract or parcel not otherwise specifically identified, which is or will be affected by such public improvement or special benefit district.
(b) No title insurance company shall exempt itself from the provisions of subsection (a) by means of a general exclusion in the title insurance policy.
History: L. 1983, ch. 151, ยง 1; July 1.
Structure Kansas Statutes
Article 11 - General Provisions Relative To Casualty, Surety And Fidelity Companies
40-1101 Insurance company defined.
40-1103 Paid-up capital stock and surplus required; deposits of securities; amount.
40-1104 Regulation of foreign companies; capital stock and surplus required.
40-1105 Revocation of certificate of authority, when.
40-1107 Maximum amount of one risk or hazard; exceptions.
40-1107a Same; title insurance company; exceptions.
40-1108 Reserves of surety company.
40-1110 Supplemental coverages or endorsements in connection with liability policies.
40-1112a Discount for motor vehicle insurance, when; conditions.
40-1119 Same; false or misleading information; penalty.
40-1126 Reports by insurers of health care providers of any actions to state board of healing arts.
40-1127 Same; content of reports.
40-1134 Title insurance companies; policy requirements.
40-1135 Title insurance agencies; purpose.
40-1137 Same; agents, authorized activities; use of client funds; escrow accounts, audit.
40-1138 Same; agent record requirements; inspection.
40-1139 Same; financial responsibility requirements.