Kan. Stat. § 40-1105

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 40-1105 - Revocation of certificate of authority, when

Whenever the surplus of any domestic or foreign insurance company authorized to transact any of the kinds or classes of business specified in section 40-1102 of this article shall be less than the minimum surplus required by law, the commissioner of insurance shall revoke the certificate of authority of such corporation to do business, in accordance with the hearing provisions set forth in K.S.A. 40-222.

K.S.A. 40-1105

L. 1927, ch. 231, 40-1105; L. 1967, ch. 265, § 1; July 1.