Kan. Stat. § 40-2914

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 40-2914 - Same; rates and premiums of policies to include amounts of assessments to association

The rates and premiums charged for insurance policies to which this act applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association and such rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.

K.S.A. 40-2914

L. 1970, ch. 185, § 14; March 27.