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2025 Kansas Statutes
Chapter 40 - Insurance
Article 43 - Captive Insurance Companies
40-4366 Participants in protected cell captive insurance companies.

Universal Citation:
KS Stat § 40-4366 (2025)
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40-4366. Participants in protected cell captive insurance companies.
(a) Associations, corporations, limited liability companies, partnerships, trusts and other business entities may be participants in any protected cell captive insurance company formed or licensed under this chapter.

(b) A sponsor may be a participant in a protected cell captive insurance company.

(c) A participant shall not be required to be a shareholder of the protected cell captive insurance company or any affiliate thereof.

(d) A participant shall insure only such participant's own risks through a protected cell captive insurance company, unless otherwise approved by the commissioner.

History: L. 2025, ch. 99, ยง 6; July 1.

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