§ 40-19c01 Citation of act
§ 40-19c02 Merger or consolidation; application and approval by insurance commissioner; penalties
§ 40-19c03 Organization; purposes; board of directors
§ 40-19c04 Contracts
§ 40-19c05 Certificate of authority; conditions
§ 40-19c06 Subscription agreements; contents; continuation of subscription agreements; converted subscription agreements
§ 40-19c08 Advance of money; reports
§ 40-19c09 Corporation and insurance code sections applicable; medicaid coverage
§ 40-19c10 Disbursements for soliciting of subscribers and administrative expenses limited; administrative expenses defined; controlling costs
§ 40-19c11 Transaction of business by foreign corporation
§ 40-19c12 Corporations mandated to convert to mutual status; procedure; effective date; existing rights and obligations not impaired
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Terms Used In Kansas Statutes > Chapter 40 > Article 19c - Nonprofit Medical and Hospital Service Corporations

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • 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.
  • Dependent: A person dependent for support upon another.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Property: includes personal and real property. See Kansas Statutes 77-201
  • Quorum: The number of legislators that must be present to do business.
  • Residence: means the place which is adopted by a person as the person's place of habitation and to which, whenever the person is absent, the person has the intention of returning. See Kansas Statutes 77-201
  • seal: includes an impression of the seal upon the paper alone, as well as upon wax or a wafer affixed to the paper. See Kansas Statutes 77-201
  • Service of process: The service of writs or summonses to the appropriate party.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201