Article 43 - CAPTIVE INSURANCE

Section 40-4301 - Definitions
Section 40-4302 - Certificate of authority to provide insurance coverage; certain risks not authorized to be covered; requirements for doing business; documents and information required to be filed with commissioner; examination and registration fees; issuance of certificate of authority; privacy protections in court proceedings
Section 40-4303 - Name of company; exceptions
Section 40-4304 - Capital requirements
Section 40-4305 - Surplus requirements
Section 40-4306 - Incorporation of companies; incorporators, number and residency requirements; petition of commissioner for issuance of certificate that company promotes welfare of state; certificate and articles of incorporation to be filed with secretary of state; organization fee; capital stock requirements; board of directors, residency requirements; application of general corporation code
Section 40-4307 - Annual report of financial condition
Section 40-4308 - Examination of companies; report; orders; confidentiality
Section 40-4309 - Suspension or revocation of certificate of authority; grounds
Section 40-4310 - Investments; restrictions and limitations
Section 40-4311 - Reinsurance authority; requirements and limitation; credit for reserves on risks ceded
Section 40-4312 - No requirement to join rating organization
Section 40-4313 - Companies prohibited from joining or benefiting from insolvency guarantee funds; notice
Section 40-4314 - Taxation
Section 40-4315 - Statutes regulating trade practices applicable to certain insurance provided by captive insurance companies
Section 40-4316 - Companies subject to certain product liability insurance reporting requirements
Section 40-4317 - Rules and regulations; exemptions
Section 40-4318 - General insurance statutes not applicable unless specifically referenced in act; K.S.A. 40-2209 and 40-2215 applicable
Section 40-4319 - Captive insurance companies; pure captive insurance companies; rules and regulations, authority of commissioner
Section 40-4320 - Same; actions requiring prior approval of commissioner
Section 40-4321 - Same; books and records; maintenance requirements
Section 40-4322 - Same; fund established
Section 40-4323 - Same; dormant captive insurance companies; certification of; renewal
Section 40-4324 - Same; notification of material change required
Section 40-4325 - Branch captive insurance companies; establishment
Section 40-4326 - Same; definitions
Section 40-4327 - Same; capital requirements; exemptions
Section 40-4328 - Same; certification of general good required
Section 40-4329 - Same; annual report
Section 40-4330 - Same; examinations; confidentiality
Section 40-4331 - Same; taxation
Section 40-4332 - Special purpose insurance captives; definitions
Section 40-4333 - Same; applicable law
Section 40-4334 - Same; certification required; requirements
Section 40-4335 - Same; plan of operation
Section 40-4336 - Same; commissioner's findings to approve application
Section 40-4337 - Same; incorporation of companies
Section 40-4338 - Same; miscellaneous requirements
Section 40-4339 - Same; contracts
Section 40-4340 - Same; issuance of securities
Section 40-4341 - Same; asset management
Section 40-4342 - Same; admitted assets
Section 40-4343 - Same; prohibited activities
Section 40-4344 - Same; dividends and distributions; limitations
Section 40-4345 - Same; plan of operation; changes
Section 40-4346 - Same; affiliated agreements
Section 40-4347 - Same; annual report
Section 40-4348 - Same; examinations; reports
Section 40-4349 - Same; taxation
Section 40-4350 - Special purpose insurance captives; confidentiality
Section 40-4351 - Same; conservation, rehabilitation or liquidation, grounds for
Section 40-4352 - Same; rules and regulations
Section 40-4353 - Captive insurance act; citation
Section 40-4354 - Technology-enabled fiduciary financial institution insurance company; powers and duties; types of insurance authorized; naming requirements; payment-in-kind policies; policy provisions