Mortgage Guaranty Insurance Companies

  1. Law
  2. Kansas Statutes
  3. Insurance
  4. Mortgage Guaranty Insurance Companies

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Section
40-3501

Title of act.

Section
40-3502

Definitions.

Section
40-3503

Capital and surplus requirements.

Section
40-3504

Requirements prior to issuance of policies.

Section
40-3505

Insuring of certain risks prohibited.

Section
40-3506

Preparation of information and advertisements concerning real estate investments of financial institutions; prohibited conduct.

Section
40-3507

Investments; prohibitions.

Section
40-3509

Certificate of authority; eligibility for; time for compliance.

Section
40-3510

Discrimination in issuing or extending insurance prohibited; requirements on lender by insurance company authorized; examination of borrower and appraisal report required prior to writing insurance.

Section
40-3511

Issuance of insurance to lending institutions; extension of coverage to individual loans; consideration as group policies; owner-occupied, single-family dwelling, borrower not liable to company for deficiency arising from foreclosure sale.

Section
40-3512

Limitation on outstanding liability; temporary waiver.

Section
40-3513

Payments or rebates as inducements or compensation for or in connection with placement of insurance prohibited; penalties for violations.

Section
40-3514

Maintaining funds on deposit with insurance company's own insured prohibited; presumptions; other prohibited practices.

Section
40-3515

Insurance company as member of holding company system; prohibited underwriting activities as condition of certificate of authority; other proscribed activities.

Section
40-3516

Unearned premium reserve requirement.

Section
40-3517

Case basis and other loss reserves requirements.

Section
40-3518

Contingency reserve requirement; withdrawals.

Section
40-3519

Reinsurance; establishment and maintenance of reserves in appropriate proportions by insurance company and reinsurer.

Section
40-3520

Establishment of reserves in accord with law of another state where insurance company licensed.

Section
40-3521

Rules and regulations.