K.S.A. 40-1630: Reciprocal; assessable insurance policies, prohibition against issuance.
Where this section sits in the code
- Chapter 40.—INSURANCE
- Article 16.—RECIPROCAL OR INTERINSURANCE CONTRACTS
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.
Collected 2026-10-15T06:14:41Z. Source file · JSON