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Kan. Stat. Ann. § 40-1630

Reciprocal; assessable insurance policies, prohibition against issuance

Kansas · Kansas Statutes Annotated Chapter 40 — Insurance · Status: effective

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Kan. Stat. Ann. § 40-1630, Reciprocal; assessable insurance policies, prohibition against issuance, Kansas, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2554770
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No reciprocal shall issue any assessable insurance policies. The subscribers of a reciprocal shall not be personally liable for the payment of the reciprocal's debts or obligations. Any judgment against a reciprocal shall be binding only upon the reciprocal and not upon each of the reciprocal's subscribers.