40-5208. Same; continuation of certain protections. Residents of this state whose policies were previously subject to the protections set forth in K.S.A. 40-2901 et seq., and amendments thereto, or K.S.A. 40-3001 et seq., and amendments thereto, and whose policies are transferred to an unlicensed insurer pursuant to this section are entitled to continued protection thereunder.
This section shall take effect on and after July 1, 2004.
History: L. 2004, ch. 128, ยง 13; May 20.
Structure Kansas Statutes
Article 52 - Assumption Reinsurance Agreements
40-5203 Same; notice to policyholders; contents.
40-5204 Same; prior approval by commissioner required; duties of licensed foreign insurer.
40-5205 Same; rights of policyholders.
40-5206 Same; novation of insurance contract, when.
40-5207 Same; effect of similar law in another state.
40-5208 Same; continuation of certain protections.
40-5209 Same; required forms; contents.
40-5210 Same; citation of act; duties of commissioner; rules and regulations.