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2017 Kansas Statutes
Chapter 40 INSURANCE
Article 16 RECIPROCAL OR INTERINSURANCE CONTRACTS
40-1630 Reciprocal; assessable insurance policies, prohibition against issuance.
Universal Citation: KS Stat § 40-1630 (2017)
40-1630. Reciprocal; assessable insurance policies, prohibition against issuance. No reciprocal shall issue any assessable insurance policies. The subscribers of a reciprocal shall not be personally liable for the payment of the reciprocal's debts or obligations. Any judgment against a reciprocal shall be binding only upon the reciprocal and not upon each of the reciprocal's subscribers.
History: L. 2000, ch. 170, § 16; July 1.
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