There is a newer version of the Kansas Statutes
2009 Kansas Code
Chapter 40 INSURANCE
Article 7 FRATERNAL BENEFIT SOCIETIES
- 40-701
- 40-702
- 40-703
- 40-704
- 40-705
- 40-706
- 40-706a
- 40-707
- 40-708
- 40-709
- 40-710
- 40-711
- 40-712
- 40-713
- 40-714
- 40-715
- 40-716
- 40-717
- 40-718
- 40-719, 40-720
- 40-721
- 40-722
- 40-723, 40-724
- 40-725
- 40-726 to 40-737
- 40-738. Definitions.
- 40-739. Operation on lodge system; subordinate lodges required to hold regular meetings; lodges for children.
- 40-740. Representative form of government; election and voting criteria.
- 40-741. Definitions.
- 40-742. Operation for benefit of members; authorized insurance business and purposes; specification of persons who may be covered; adoption of laws and rules governing society's operation.
- 40-743. Laws and rules; provisions relating to membership to be specified.
- 40-744. Location of principal office; supreme governing body, location of meetings, minutes of proceedings; official publication for notices; mailings; grievance or complaint procedures.
- 40-745. Personal liability of supreme governing body officers and members; indemnification and reimbursement for expenses and liabilities of directors, officers, employees and agents of society and other entities; liability insurance.
- 40-746. Society's laws nonwaivable by subordinate bodies, officers or members.
- 40-747. Beneficiary designations; payment of funeral benefits to persons incurring expense therefor; payment of proceeds when no lawful beneficiary.
- 40-748. Benefits not subject to attachment, garnishment or process.
- 40-749. Benefit contracts; certificate to be issued to owners; statements on application representations; effect of amendments to society's laws; contracts on lives of minors; impairment of reserves; copies of documents to be received as evidence; certificates to be filed with commissioner; standard contract provision requirements; transfer of contract to minor on attaining minimum age; assignment of contracts.
- 40-750. Valuation of paid-up nonforfeiture benefits, cash surrender values and loan or other options.
- 40-751. Investment of funds.
- 40-752. Holding of assets; creation of special funds; establishment of separate accounts; issuance of contracts on variable basis.
- 40-753. Insurance laws application to societies.
- 40-754. Standards of valuation for certificates; mortality tables; maintenance of reserves in excess of those required.
- 40-755. Annual statement to include valuation of certificates in force; certification or verification of actuary.
- 40-756. Licenses continued in force upon payment of fees; certified copy of license prima facie evidence licensee is society.
- 40-757. Examinations; notice and opportunity to respond; payment of expenses.
- 40-758. Foreign and alien societies to procure license to transact business in state; filing and other requirements.
- 40-759. Deficiencies in operation by domestic society; notice to correct; show cause requirement upon failure to correct; injunction or quo warranto action by attorney general; recommencement of business; liquidation; receiver; procedures applicable to society voluntarily discontinuing business.
- 40-760. Deficiencies in operation by foreign or alien society; notice to correct; show cause requirement upon failure to correct; suspension, revocation or refusal of authority to do business; certain contracts authorized to be continued.
- 40-761. Application or petition for injunction required to be made by attorney general on request of commissioner.
- 40-762. Agents, licensing, certification and examination; exemption therefrom for certain agents, representatives and members; society to maintain record of exempted representatives; information thereof and of change of exempt status to be furnished to commissioner; continuing education requirements.
- 40-763. Societies and agents subject to law regulating trade practices; construction and application thereof.
- 40-764. Formation requirements; incorporators; articles of incorporation; documents to be filed with commissioner; bond; preliminary certificate of authority, expiration; solicitation of members upon receipt of preliminary certificate; conditions precedent to incurring liabilities or paying benefits; issuance of certificate of authority; societies incorporated on act's effective date not required to reincorporate.
- 40-765. Amendment of domestic society's laws; procedures; approval by commissioner; amendments or synopsis thereof to be furnished to members; amendments and additions to be furnished to commissioner; printed copies prima facie evidence of legal adoption.
- 40-766. Establishment and operation of not for profit institutions to further purposes of society; compensation for institutions' services; annual statement to include property held for such purposes.
- 40-767. Reinsurance; limitations; credit for reserves on ceded risks.
- 40-768. Consolidation or merger of domestic society; documents and evidence to be filed with commissioner; approval of commissioner; effective date; societies incorporated under laws of foreign state; transfer of rights and property to society resulting or remaining after transaction; affidavit prima facie evidence of furnishing notice or documents.
- 40-769. Conversion of society into mutual or stock life insurance company.
- 40-770. Same; submission of proposal to supreme legislative body; notice to be furnished members and policyholders; meeting of subordinate lodges or branches on proposal; election of delegates to supreme legislative body; approval of plan by commissioner; options for members or policyholders upon conversion.
- 40-771. Same; adoption of resolution by delegates to supreme legislative body; certificate to be filed with commissioner by directors of society; contents.
- 40-772. Same; report of meeting to be filed with commissioner.
- 40-773. Same; conversion into stock company; purchase of stock; notice to members or policyholders of right to purchase; preference; limitation; nonmembers of society.
- 40-774. Same; status of corporation upon conversion; reserves on policies issued prior to conversion; succession to rights and property of society; power of commissioner to order divestiture or revaluation.
- 40-775. Same; preservation of rights of members, policyholders and creditors of society as obligations of new corporation; appointment of commissioner as process agent.
- 40-776. Same; obligation of new corporation to perform obligations of society; preservation of pending legal actions.
- 40-777. Appointment of commissioner as process agent; time for society to file pleadings after receiving copy of notice.
- 40-778. Review of commissioner's decisions.
- 40-779. Penalties for violations.
- 40-780. Application of act to exempted societies and organizations; information required by commissioner.
- 40-781. Rules and regulations.
- 40-782. Severability of act.
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