{"data":{"id":"us-ks/k.s.a.-40-3621","jurisdiction":"us-ks","citation":"K.S.A. 40-3621","heading":"Liquidation of insurer; petition by commissioner; grounds.","body":"The commissioner may petition the district court of Shawnee county for an order directing the commissioner to liquidate a domestic insurer on the basis:\n(a) Of any grounds for an order of rehabilitation as specified in K.S.A. 40-3616, whether or not there has been a prior order directing the rehabilitation of the insurer;\n(b) that the insurer is insolvent; or\n(c) that the insurer is in such condition that the further transaction of business would be hazardous, financially or otherwise, to its policyholders, its creditors or the public.","path":["Chapter 40.—INSURANCE","Article 36.—IMPAIRED OR INSOLVENT INSURERS"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch40/040_036_0021.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-10-15T06:15:31Z","sha256":"b819a17dda2fd10dd4ee34db4373ab9995a24c41170b67b977aeb3772b755b7c","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-40-3620","next":"us-ks/k.s.a.-40-3622"},"notice":"GroundRules: Original legal text. Not legal advice."}