Kan. Stat. Ann. § 40-207
Secretary and certain officers to give bond
Kansas · Kansas Statutes Annotated Chapter 40 — Insurance · Status: effective
Cite this
- Citation
- Kan. Stat. Ann. § 40-207, Secretary and certain officers to give bond, Kansas, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2554074
- Permanent ID
ys:prov:2554074@1- SHA-256
fc1b35dd9f8c816bd60f06ebfa24f09717c472041fe71bab6043913a788b357c
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The board of directors or other managing body of every insurance company organized under the laws of this state shall require the secretary, and all other officers having the care and handling of the funds and securities of the company, to give a good and sufficient bond to cover the term for which they are elected, appointed or employed, conditioned for the faithful accounting and disbursement of all money that may come into their hands; such bond to be in an amount named and to be approved by the board of directors, and other governing body, and to be held by a custodian to be designated by such board or body, and the expense of providing such a bond may be charged to the operating expense of the company.