2017 Kansas Statutes
Chapter 40 INSURANCE
40-19a12 Surplus; how distributed.

Universal Citation: KS Stat § 40-19a12 (2017)

40-19a12.Surplus; how distributed. Any surplus accumulated by a corporation subject to this act beyond a reserve fund equal to the amount disbursed during the preceding year for care received by subscribers and beyond the reserves required by K.S.A. 40-19a08, shall within one year after its accumulation be distributed to subscribers either in the form of increased benefits or rebate of subscription charges.

History: L. 1972, ch. 174, § 12; July 1.

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