40-504. Certificate of authority; procedure and fee; duties of attorney general. - Kansas Statutes

40-504

Chapter 40.--INSURANCE Article 5.--MUTUAL LIFE INSURANCE COMPANIES

      40-504.   Certificate of authority; procedure and fee; duties ofattorney general.Any corporation heretofore organized and existing pursuant to law forthe purpose of making insurance on the lives of individuals, may takeadvantage and have the benefit of this act by filing in the office of thecommissioner of insurance a declaration of the company, signed by thepresident and secretary, giving the name of the corporation, a copy of thebylaws, the form of application adopted by them, and a copy of the policycontract proposed to be issued to individuals, together with a fee of onehundred dollars. The commissioner of insurance shall submit all documentsto the attorney general for his examination, and if found by him to be inaccordance with the law he shall certify to and deliver the same to thecommissioner of insurance, who shall retain such documents on file, andupon compliance by said company with the provisions of this code thecommissioner of insurance shall issue his certificate authorizing saidcompany to do business in this state under the provisions of this code.

      History:   L. 1927, ch. 231, 40-504; June 1.