Kan. Admin. Regs. § 7-41-4

Current through Register Vol. 43, No. 46, November 14, 2024

Section 7-41-4 - Evidence of financial security

The evidence of financial security shall include, in addition to the requirements of K.S.A. 16-1617 and amendments thereto, the following:

(a) The identity of the insurer or the financial institution issuing the surety bond, certificate of insurance, or irrevocable letter of credit, including the following information:

(1) The name;

(2) the mailing address;

(3) the physical address; and

(4) the identification, by number or copy of appropriate documentation, of the licensure or approval as a financial institution or as an insurer in this state;

(b) the identity of the registered certification authority on behalf of which the evidence of financial security is issued;

(c) a statement that the evidence of financial security is issued payable to the secretary of state for the benefit of persons holding qualified rights of payment against the registered certification authority named as principal of the surety bond, certificate of insurance, or irrevocable letter of credit;

(d) a statement that the evidence of financial security is issued for filing pursuant to the Kansas uniform electronic transactions act and amendments thereto; and

(e) a statement of term that extends at least as long as the term of the registration to be issued to the registered certification authority.

Kan. Admin. Regs. § 7-41-4

Authorized by K.S.A. 16-1618; implementing K.S.A. 16-1617; effective July 6, 2001; amended March 6, 2009.