Kan. Stat. § 40-19a12

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 40-19a12 - Surplus; how distributed

Any surplus accumulated by a corporation subject to this act beyond a reserve fund equal to the amount disbursed during the preceding year for care received by subscribers and beyond the reserves required by K.S.A. 40-19a08, shall within one year after its accumulation be distributed to subscribers either in the form of increased benefits or rebate of subscription charges.

K.S.A. 40-19a12

L. 1972, ch. 174, § 12; July 1.