Kansas Statutes 74-4719. Same; administration; powers and duties of department; rules and regulations
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(a) The department shall procure all data and other information to administer activities necessary to obtain and utilize the insurance policy provided for by Kan. Stat. Ann. § 74-4718.
(b) The department shall establish the insurable values of all property to be insured under Kan. Stat. Ann. § 74-4718. To facilitate establishment of such values, every state agency is required to follow the instructions of the department in helping to establish such values for buildings occupied by the state agency.
Terms Used In Kansas Statutes 74-4719
- Department: means the department of administration. See Kansas Statutes 74-4717
- Insurance: means and includes every type of insurance on property. See Kansas Statutes 74-4701
- Property: includes personal and real property. See Kansas Statutes 77-201
- Secretary: means the secretary of administration. See Kansas Statutes 74-4717
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
- State agency: means any state office or officer, department, board, commission, institution, bureau or any agency, division or unit within any office, department, board, or other state authority. See Kansas Statutes 74-4701
(c) The department shall coordinate as necessary the settlement of insured losses.
(d) The secretary shall adopt rules and regulations convenient for the purpose of this section.