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40-19a12

Chapter 40.--INSURANCE Article 19a.--NONPROFIT DENTAL SERVICE CORPORATIONS

40-19a12. Surplus; how distributed.Any surplus accumulated by a corporation subject to this act beyond areserve fund equal to the amount disbursed during the preceding year forcare received by subscribers and beyond the reserves required by K.S.A.40-19a08, shall within one year after its accumulationbe distributed to subscribers either in the form of increased benefitsor rebate of subscription charges.

History: L. 1972, ch. 174, § 12; July 1.

State Codes and Statutes

Statutes > Kansas > Chapter40 > Article19a > Statutes_17670

40-19a12

Chapter 40.--INSURANCE Article 19a.--NONPROFIT DENTAL SERVICE CORPORATIONS

40-19a12. Surplus; how distributed.Any surplus accumulated by a corporation subject to this act beyond areserve fund equal to the amount disbursed during the preceding year forcare received by subscribers and beyond the reserves required by K.S.A.40-19a08, shall within one year after its accumulationbe distributed to subscribers either in the form of increased benefitsor rebate of subscription charges.

History: L. 1972, ch. 174, § 12; July 1.

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State Codes and Statutes

Statutes > Kansas > Chapter40 > Article19a > Statutes_17670

40-19a12

Chapter 40.--INSURANCE Article 19a.--NONPROFIT DENTAL SERVICE CORPORATIONS

40-19a12. Surplus; how distributed.Any surplus accumulated by a corporation subject to this act beyond areserve fund equal to the amount disbursed during the preceding year forcare received by subscribers and beyond the reserves required by K.S.A.40-19a08, shall within one year after its accumulationbe distributed to subscribers either in the form of increased benefitsor rebate of subscription charges.

History: L. 1972, ch. 174, § 12; July 1.