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40-208

Chapter 40.--INSURANCE Article 2.--GENERAL PROVISIONS

40-208. Examination by commissioner before issuance of certificate. Every insurance company organized under the laws of this state havingfulfilled the conditions precedent required by this code shall notify thecommissioner of insurance who shall, prior to issuing any certificate ofauthority, make an examination, or cause the same to be made by somedisinterested person appointed by him for that purpose. The corporators orofficers of such company shall be required to certify under oath to theperson making such examination that the money, notes, stocks, bonds,mortgages, deeds of trust and all obligations exhibited to him are the bonafide property of the company.

History: L. 1927, ch. 231, 40-208; June 1.

State Codes and Statutes

Statutes > Kansas > Chapter40 > Article2 > Statutes_16851

40-208

Chapter 40.--INSURANCE Article 2.--GENERAL PROVISIONS

40-208. Examination by commissioner before issuance of certificate. Every insurance company organized under the laws of this state havingfulfilled the conditions precedent required by this code shall notify thecommissioner of insurance who shall, prior to issuing any certificate ofauthority, make an examination, or cause the same to be made by somedisinterested person appointed by him for that purpose. The corporators orofficers of such company shall be required to certify under oath to theperson making such examination that the money, notes, stocks, bonds,mortgages, deeds of trust and all obligations exhibited to him are the bonafide property of the company.

History: L. 1927, ch. 231, 40-208; June 1.

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State Codes and Statutes

Statutes > Kansas > Chapter40 > Article2 > Statutes_16851

40-208

Chapter 40.--INSURANCE Article 2.--GENERAL PROVISIONS

40-208. Examination by commissioner before issuance of certificate. Every insurance company organized under the laws of this state havingfulfilled the conditions precedent required by this code shall notify thecommissioner of insurance who shall, prior to issuing any certificate ofauthority, make an examination, or cause the same to be made by somedisinterested person appointed by him for that purpose. The corporators orofficers of such company shall be required to certify under oath to theperson making such examination that the money, notes, stocks, bonds,mortgages, deeds of trust and all obligations exhibited to him are the bonafide property of the company.

History: L. 1927, ch. 231, 40-208; June 1.