2011 Kansas Code
Chapter 40. - INSURANCE
Article 40. - CONVERSION OF DOMESTIC MUTUAL INSURER INTO DOMESTIC STOCK INSURER
40-4005 Same; meeting for approval by policyholders.
40-4005. Same; meeting for approval by policyholders. The meeting called for approval of the plan by the policyholders prescribed by K.S.A. 40-4002 and amendments thereto shall be called by a majority of the board of directors, the chairperson of the board or the president. A copy of the plan and any information the commissioner deems necessary to policyholder understanding, including a comprehensible summary of the plan in a form approved by the commissioner, shall accompany the notice.
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