Kansas Statutes 40-1615. Merger of Armed Forces Cooperative Insuring Association with Armed Forces Insurance Exchange; definitions
Terms Used In Kansas Statutes 40-1615
- Armed Forces Cooperative Insuring Association: means the association organized as an unincorporated cooperative association operating within the federal enclave of Ft. See Kansas Statutes 40-1615
- Armed Forces Insurance Exchange: means the unincorporated reciprocal exchange operating in Leavenworth, Kansas, under the laws of the state of Kansas. See Kansas Statutes 40-1615
- Insurance entity: means the Armed Forces Cooperative Insuring Association or Armed Forces Insurance Exchange, or both. See Kansas Statutes 40-1615
- Reciprocal: means an aggregation of subscribers under a common name. See Kansas Statutes 40-1623
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
As used in this act:
(a) “Armed Forces Cooperative Insuring Association” means the association organized as an unincorporated cooperative association operating within the federal enclave of Ft. Leavenworth, Kansas.
(b) “Armed Forces Insurance Exchange” means the unincorporated reciprocal exchange operating in Leavenworth, Kansas, under the laws of the state of Kansas.
(c) “Armed Forces Insurance Corporation” means the attorney-in-fact for Armed Forces Insurance Exchange, incorporated under the laws of the state of Kansas.
(d) “Insurance entity” means the Armed Forces Cooperative Insuring Association or Armed Forces Insurance Exchange, or both.
(e) “Merger” means the union of two or more insurance entities into a single insurance entity which is one of the insurance entities uniting.