Kan. Stat. § 40-425

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 40-425 - Same; cash surrender value and value of stipulated form to be equal

The cash surrender value and the value of any stipulated form of insurance granted under subsections (7) and (9) of K.S.A. 40-423, shall be equal provided that the amount of paid-up insurance may be taken to either the next lower or next higher dollar and the period of extended insurance may be taken to either the beginning or end of the week in which such extended insurance would otherwise expire.

K.S.A. 40-425

L. 1941, ch. 258, § 4; L. 1947, ch. 277, § 7; July 1.