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40-769. Conversion of society into mutual or stock life insurance company.

40-769

Chapter 40.--INSURANCE
Article 7.--FRATERNAL BENEFIT SOCIETIES

      40-769.   Conversion of society into mutual or stock life insurancecompany.Any fraternal benefit society incorporated under the laws ofthe state of Kansas may reorganize and convert itself into a mutual lifeinsurance company or into a stock life insurance company by conforming withthe provisions of K.S.A. 40-770 through 40-776. Nothing containedherein shall affect any conversion of a fraternal benefit society carriedout under the laws of this state prior to the effective date of this act.

      History:   L. 1988, ch. 154, § 32; Jan. 1, 1989.

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