Conversion of society into mutual or stock life insurance company.

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40-769. Conversion of society into mutual or stock life insurance company.
Any fraternal benefit society incorporated under the laws of the state of Kansas may reorganize and convert itself into a mutual life insurance company or into a stock life insurance company by conforming with the provisions of K.S.A. 40-770 through 40-776. Nothing contained herein shall affect any conversion of a fraternal benefit society carried out under the laws of this state prior to the effective date of this act.

History: L. 1988, ch. 154, § 32; Jan. 1, 1989.


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