40-2603. Act inapplicable, when. The provisions of this act shall not apply with respect to: (a) Any insurance company authorized to do business in the state of Kansas, or any agent or agency of an insurance company financing premiums on policies written by such agent or agency,
(b) any bank, trust company, savings and loan association, consumer loan licensee or sales finance company authorized to do business in this state,
(c) the enrollment of individuals under a group policy or the inclusion of insurance in a credit transaction under an arrangement for its purchase by the creditor in compliance with the applicable provisions of the Kansas uniform consumer credit code, and
(d) the financing of insurance premiums in Kansas in accordance with the provisions of K.S.A. 16-207, and amendments thereto, relating to legal interest rate.
History: L. 1968, ch. 287, § 3; L. 1989, ch. 141, § 1; L. 1991, ch. 136, § 1; July 1.
Structure Kansas Statutes
Article 26 - Insurance Premium Financing
40-2603 Act inapplicable, when.
40-2604 Licensure; violation, penalty; continuation, fee; application; authority of commissioner.
40-2605 Investigation by commissioner; issuance of license.
40-2606 Revocation or suspension of license, grounds; hearing; other penalties.
40-2607 Records required to be maintained; examination; fees and expenses; duration.
40-2608 Rules and regulations.
40-2609 Premium finance agreement.
40-2610 Service charges; computation; maximum; refund on prepayment.
40-2612 Cancellation of insurance contracts, when; notice; duty of insurer; refund.