2011 Kansas Code
Chapter 40. - INSURANCE
Article 2d. - HEALTH ORGANIZATION RISK-BASED CAPITAL REQUIREMENTS
40-2d12 Regulatory action level event; commissioner's duties.
40-2d12. Regulatory action level event; commissioner's duties. In the event of a regulatory action level event, the commissioner shall:
(a) Require the health organization to prepare and submit an RBC plan or, if applicable, a revised RBC plan;
(b) perform such examination or analysis as the commissioner deems necessary of the assets, liabilities and operations of the health organization including a review of its RBC plan or revised RBC plan; and
(c) subsequent to the examination or analysis, issue a corrective order specifying such actions as the commissioner determines are required.
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