40-504. Certificate of authority; procedure; authorization of commissioner to set and publish fees. Any corporation heretofore organized and existing pursuant to law for the purpose of making insurance on the lives of individuals, may take advantage and have the benefit of this act by filing in the office of the commissioner of insurance a declaration of the company, signed by the president and secretary, giving the name of the corporation, a copy of the bylaws, the form of application adopted by them, and a copy of the policy contract proposed to be issued to individuals, together with a fee not to exceed $100. The commissioner of insurance shall submit all documents to the attorney general for examination, and if found by the attorney general to be in accordance with the law, the attorney general shall certify to and deliver such documents to the commissioner of insurance, who shall retain such documents on file. Upon compliance by such company with the provisions of this code, the commissioner of insurance shall issue a certificate authorizing such company to do business in this state under the provisions of this code. Not later than December 1 of each year, the commissioner shall set and cause to be published in the Kansas register the fee required pursuant to this section for the next calendar year.

History: L. 1927, ch. 231, 40-504; L. 2025, ch. 87, § 11; July 1.