Kansas Statutes
Article 12 - Mutual Insurance Companies Other Than Life
40-1208 Reserves.

40-1208. Reserves. Such company shall have and maintain unearned premium and other reserves upon the same basis as that required of domestic stock insurance companies transacting the same kind of insurance.
History: L. 1927, ch. 231, 40-1208; L. 1979, ch. 143, ยง 3; July 1.

Structure Kansas Statutes

Kansas Statutes

Chapter 40 - Insurance

Article 12 - Mutual Insurance Companies Other Than Life

40-1201 Authority for formation; directors and officers; elections.

40-1202 Articles of incorporation; name.

40-1203 Kinds of insurance authorized.

40-1204 Certification of authority; conditions for issuance.

40-1205 Corporate membership; personal liability.

40-1206 Number of votes of members.

40-1207 Premiums, premium deposits; limitation on liability of policyholder; acceptance of notes for premiums in certain cases; determination of unearned premium reserves on certain policies.

40-1208 Reserves.

40-1209 Advancements to company; annual report; commission or promotion expenses prohibited; approval of commissioner to issue or retire certificates of indebtedness.

40-1210 Foreign mutual insurance companies; paid-up capital and surplus requirements.

40-1211 Premium tax; in lieu of certain other taxes.

40-1213 Certain existing companies or associations.

40-1215 Charter and other papers to be filed; approval; authorization.

40-1216 Merger or consolidation of certain mutual companies other than life.

40-1217 Merger or consolidation of certain mutual companies other than life; powers of merged company.

40-1218 Same; procedure.

40-1219 Same; vote of policyholders on agreement; meetings of policyholders, notice; required votes.

40-1219a Same; approval of policyholders of merger or consolidation of certain mutual companies not required.

40-1220 Same; application for approval of agreement by commissioner of insurance and policyholders; requirements.

40-1221 Same; approval by commissioner.

40-1222 Same; filing of approved or disapproved application or agreement; effect of consolidation or merger.

40-1223 Same; rights of dissatisfied policyholders; appraisement of interest; award; costs; judgment, when.

40-1224 Same; fees of officers or directors, prohibited unless disclosed; penalty.

40-1225 Same; construction of act; invalidity of part.

40-1226 Additional kinds of insurance authorized; surplus and deposit requirements.