(a) As soon as practicable after the liquidation order but not later than 120 days thereafter, the liquidator shall prepare in duplicate a list of the insurer’s assets. The list shall be amended or supplemented from time to time as the liquidator may determine. One copy shall be filed in the district court of Shawnee county and one copy shall be retained for the liquidator’s files. All amendments and supplements shall be similarly filed.

(b) A submission to the court for disbursement of assets in accordance with Kan. Stat. Ann. § 40-3637 fulfills the requirements of subsection (a).

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Kansas Statutes 40-3628

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.