Kan. Stat. Ann. § 40-1510
Powers and duties of directors; bylaws; duties and compensation of officers; rates of insurance and membership fees
Kansas · Kansas Statutes Annotated Chapter 40 — Insurance · Status: effective
Cite this
- Citation
- Kan. Stat. Ann. § 40-1510, Powers and duties of directors; bylaws; duties and compensation of officers; rates of insurance and membership fees, Kansas, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2554730
- Permanent ID
ys:prov:2554730@1- SHA-256
7a8c20d40b1d4d115ebd3734579ed585814080af048afca6230f0889ffe4275e
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 of such company shall manage and control its affairs, and shall adopt such bylaws as may be necessary, and may prescribe the duties of its officers and agents and fix their compensation, and may alter and amend its bylaws at any annual meeting of the board of directors by a majority vote of the whole number of directors. All bylaws adopted shall forthwith be certified to the commissioner of insurance for his approval or disapproval. They shall also fix the rates of insurance, and the membership fees if any are charged.