Statutes > Kansas Statutes > Chapter 40 INSURANCE > Article 41 RISK RETENTION AND PURCHASING GROUPS > 40-4108. Risk retention group prohibited from joining insolvency guaranty fund.

40-4108. Risk retention group prohibited from joining insolvency guaranty fund.

40-4108

Chapter 40.--INSURANCE
Article 41.--RISK RETENTION AND PURCHASING GROUPS

      40-4108.   Risk retention group prohibited from joining insolvency guaranty fund.No risk retention group shall be permitted to join or contributefinancially to any insurance insolvency guaranty fund, or similarmechanism, in this state, nor shall any risk retention group, or itsinsured, receive any benefit from any such fund for claims arising out ofthe operations of such risk retention group.

      History:   L. 1986, ch. 166, § 8;L. 1987, ch. 172, § 4; April 30.