§ 40-1001 Mutual company for insurance against fire, lightning, tornado, hail or explosion; exceptions; extended coverage endorsements; limitations
§ 40-1001a Authority to insure glass breakage, vandalism and theft in addition to coverage under K.S.A. 40-1001; reserve fund and security deposit; requirements
§ 40-1002 Classification of insurable property
§ 40-1003 No policy issued until required application, premium notes and securities received
§ 40-1004 Directors; election; vacancy
§ 40-1005 Annual meeting of members; proxies
§ 40-1006 Officers; election; term
§ 40-1007 Deposit notes
§ 40-1008 Liability for losses; assessments; indebtedness
§ 40-1009 Recovery of assessments or on notes; cash policies not assessable
§ 40-1010 Suits for collection of assessments; liability of officers and directors; suits against company for losses
§ 40-1011 Property to be assessed and taxed
§ 40-1012 Bylaws
§ 40-1013 Classification of risks
§ 40-1014 Term of policies
§ 40-1015 Withdrawal of member of company; return premium; cancellation of policy, notice
§ 40-1016 Limitation on amount of risk; reinsurance
§ 40-1017 Execution and contents of policy
§ 40-1018 Reserve fund
§ 40-1019 Statement for annual meeting
§ 40-1020 Other corporations as members of company; vote
§ 40-1021 Guarantee fund
§ 40-1022 Creation and investment of such fund; liability
§ 40-1023 Scope of insurance by companies having guarantee fund; foreign companies
§ 40-1024 Cash or notes in payment of premiums; liability of members of company
§ 40-1025 Notice of creation of guarantee fund; examination; certificate of authority
§ 40-1026 Reinsurance of risks; assessment
§ 40-1027 Mutual fire and tornado companies; paid-up capital and surplus requirements
§ 40-1028 Consolidation of business into one class; vote of directors
§ 40-1029 Advances of money and issuance of certificates of indebtedness
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Terms Used In Kansas Statutes > Chapter 40 > Article 10 - Mutual Fire and Tornado Companies

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Property: includes personal and real property. See Kansas Statutes 77-201
  • Quorum: The number of legislators that must be present to do business.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
  • Statute: A law passed by a legislature.
  • Voice vote: A vote in which the Presiding Officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of legisators voting on each side are not recorded.