2025 Kansas Statutes
Chapter 40 - Insurance
Article 2c - Risk-based Capital Requirements
40-2c12 Same; commissioner's duties in regulatory action level event.
40-2c12.
Same; commissioner's duties in regulatory action level event.
In the event of a regulatory action level event, the commissioner shall:
(a) Require the insurer 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 insurer 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.
History: L. 1994, ch. 138, ยง 12; July 1.
