Printable Format40-404.
History: L. 1927, ch. 231, 40-404; L. 1937, ch. 252, § 1; L. 1939, ch. 208, § 1; L. 1953, ch. 228, § 1; L. 1957, ch. 278, § 1; L. 1971, ch. 185, § 13; L. 1986, ch. 177, § 1; L. 1987, ch. 162, § 1; Repealed, L. 1996, ch. 25, § 17; July 1.
Source or prior law:
L. 1909, ch. 154, § 1; L. 1919, ch. 214, § 1; R.S. 1923, 40-336, 40-342.
Revisor's Note:
Later act, see 40-229a.
CASE ANNOTATIONS
1. Commissioner not compelled to certify policy embodying forbidden special inducements. National Savings Life Ins. Co. v. Hobbs, 129 Kan. 663, 664, 284 P. 397.
2. Cited in denying stockholder's right to demand receivership. Wright v. Federal Reserve Life Ins. Co., 131 Kan. 601, 605, 293 P. 945.
3. Deduction of four percent of reserve fund from gross income held proper under federal revenue act. Commissioner of Int. Rev. v. Great American Life Ins. Co., 70 F.2d 133.
4. In receivership suit against insolvent company court can require commissioner to surrender securities. Hobbs v. Occidental Life Ins. Co., 87 F.2d 380, 381, 383, 384.