State Codes and Statutes

Statutes > Kansas > Chapter40 > Article2a > Statutes_17073

40-2a10

Chapter 40.--INSURANCE
Article 2a.--INVESTMENTS BY OTHER THAN LIFE INSURANCE COMPANIES

      40-2a10.   Bank certificates of deposit.Any insurance company other than life heretofore or hereafter organizedunder any law of this state may invest with the direction or approval of amajority of its board of directors or authorized committee thereof, any ofits funds, or any part thereof in certificates of deposit in a federallyinsured bank.

      History:   L. 1972, ch. 173, § 10; July 1.

State Codes and Statutes

Statutes > Kansas > Chapter40 > Article2a > Statutes_17073

40-2a10

Chapter 40.--INSURANCE
Article 2a.--INVESTMENTS BY OTHER THAN LIFE INSURANCE COMPANIES

      40-2a10.   Bank certificates of deposit.Any insurance company other than life heretofore or hereafter organizedunder any law of this state may invest with the direction or approval of amajority of its board of directors or authorized committee thereof, any ofits funds, or any part thereof in certificates of deposit in a federallyinsured bank.

      History:   L. 1972, ch. 173, § 10; July 1.


State Codes and Statutes

State Codes and Statutes

Statutes > Kansas > Chapter40 > Article2a > Statutes_17073

40-2a10

Chapter 40.--INSURANCE
Article 2a.--INVESTMENTS BY OTHER THAN LIFE INSURANCE COMPANIES

      40-2a10.   Bank certificates of deposit.Any insurance company other than life heretofore or hereafter organizedunder any law of this state may invest with the direction or approval of amajority of its board of directors or authorized committee thereof, any ofits funds, or any part thereof in certificates of deposit in a federallyinsured bank.

      History:   L. 1972, ch. 173, § 10; July 1.