Mutual Fire And Tornado Companies

  1. Law
  2. Kansas Statutes
  3. Insurance
  4. Mutual Fire And Tornado Companies

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Section
40-1001

Mutual company for insurance against fire, lightning, tornado, hail or explosion; exceptions; extended coverage endorsements; limitations.

Section
40-1001a

Authority to insure glass breakage, vandalism and theft in addition to coverage under K.S.A. 40-1001; reserve fund and security deposit; requirements.

Section
40-1002

Classification of insurable property.

Section
40-1003

No policy issued until required application, premium notes and securities received.

Section
40-1004

Directors; election; vacancy.

Section
40-1005

Annual meeting of members; proxies.

Section
40-1006

Officers; election; term.

Section
40-1007

Deposit notes.

Section
40-1008

Liability for losses; assessments; indebtedness.

Section
40-1009

Recovery of assessments or on notes; cash policies not assessable.

Section
40-1010

Suits for collection of assessments; liability of officers and directors; suits against company for losses.

Section
40-1011

Property to be assessed and taxed.

Section
40-1012

Bylaws.

Section
40-1013

Classification of risks.

Section
40-1014

Term of policies.

Section
40-1015

Withdrawal of member of company; return premium; cancellation of policy, notice.

Section
40-1016

Limitation on amount of risk; reinsurance.

Section
40-1017

Execution and contents of policy.

Section
40-1018

Reserve fund.

Section
40-1019

Statement for annual meeting.

Section
40-1020

Other corporations as members of company; vote.

Section
40-1021

Guarantee fund.

Section
40-1022

Creation and investment of such fund; liability.

Section
40-1023

Scope of insurance by companies having guarantee fund; foreign companies.

Section
40-1024

Cash or notes in payment of premiums; liability of members of company.

Section
40-1025

Notice of creation of guarantee fund; examination; certificate of authority.

Section
40-1026

Reinsurance of risks; assessment.

Section
40-1027

Mutual fire and tornado companies; paid-up capital and surplus requirements.

Section
40-1028

Consolidation of business into one class; vote of directors.

Section
40-1029

Advances of money and issuance of certificates of indebtedness.