Kan. Stat. § 40-1630

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 40-1630 - Reciprocal; assessable insurance policies, prohibition against issuance

No reciprocal shall issue any assessable insurance policies. The subscribers of a reciprocal shall not be personally liable for the payment of the reciprocal's debts or obligations. Any judgment against a reciprocal shall be binding only upon the reciprocal and not upon each of the reciprocal's subscribers.

K.S.A. 40-1630

L. 2000, ch. 170, § 16; July 1.