40-1025. Notice of creation of guarantee fund; examination; certificate of authority. - Kansas Statutes

40-1025

Chapter 40.--INSURANCE Article 10.--MUTUAL FIRE AND TORNADO COMPANIES

      40-1025.   Notice of creation of guarantee fund; examination;certificate of authority.When a company organized under this article shall have created aguarantee fund, the secretary shall notify the commissioner of insurance,who shall immediately examine the securities, notes and standing of saidcompany, and if upon such examination he finds that it has complied withthe law, he shall issue it a certificate of authority to do business andissue policies in accordance with this article.

      History:   L. 1927, ch. 231, 40-1025; June 1.