Kan. Stat. § 40-3657

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4

Section 40-3657 - Same; ancillary receiver in another state or foreign country failing to transfer assets; priority of claims filed in such ancillary receivership; exceptions

If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within such liquidator's control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, shall be placed in the class of claims under K.S.A. 40-3641(h).

K.S.A. 40-3657

L. 1991, ch. 125, § 53; July 1.