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March 28, 2020
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2019 Statute

Section Number

40-4301 - Definitions.
40-4302 - Certificate of authority to provide insurance coverage; certain risks not authorized to be covered; requirements for doing business; documents and information required to be filed with commissioner; examination and registration fees; issuance of certificate of authority.
40-4303 - Name of company.
40-4304 - Capital requirements.
40-4306 - Incorporation of companies; incorporators, number and residency requirements; petition of commissioner for issuance of certificate that company promotes welfare of state; certificate and articles of incorporation to be filed with secretary of state; organization fee; capital stock requirements; board of directors, residency requirements; application of general corporation code.
40-4307 - Annual report of financial condition.
40-4308 - Examination of companies; report; orders; confidentiality.
40-4309 - Suspension or revocation of certificate of authority; grounds.
40-4310 - Investments; restrictions and limitations.
40-4311 - Reinsurance authority; requirements and limitation; credit for reserves on risks ceded.
40-4312 - No requirement to join rating organization.
40-4313 - Companies prohibited from joining or benefiting from insolvency guarantee funds; notice.
40-4314 - Taxation.
40-4315 - Statutes regulating trade practices applicable to certain insurance provided by captive insurance companies.
40-4317 - Rules and regulations; exemptions.
40-4318 - General insurance statutes not applicable unless specifically referenced in act; 40-2209 and 40-2215 applicable.
40-4319 - Captive insurance companies; pure captive insurance companies; rules and regulations, authority of commissioner.
40-4320 - Same; actions requiring prior approval of commissioner.
40-4321 - Same; books and records; maintenance requirements.
40-4322 - Same; fund established.
40-4323 - Same; dormant captive insurance companies; certification of; renewal.
40-4324 - Same; notification of material change required.
40-4325 - Branch captive insurance companies; establishment.
40-4326 - Same; definitions.
40-4327 - Same; capital requirements; exemptions.
40-4328 - Same; certification of general good required.
40-4329 - Same; annual report.
40-4330 - Same; examinations; confidentiality.
40-4331 - Same; taxation.
40-4332 - Special purpose insurance captives; definitions.
40-4333 - Same; applicable law.
40-4334 - Same; certification required; requirements.
40-4335 - Same; plan of operation.
40-4336 - Same; commissioner's findings to approve application.
40-4337 - Same; incorporation of companies.
40-4338 - Same; miscellaneous requirements.
40-4339 - Same; contracts.
40-4340 - Same; issuance of securities.
40-4341 - Same; asset management.
40-4342 - Same; admitted assets.
40-4343 - Same; prohibited activities.
40-4344 - Same; dividends and distributions; limitations.
40-4345 - Same; plan of operation; changes.
40-4346 - Same; affiliated agreements.
40-4347 - Same; annual report.
40-4348 - Same; examinations; reports.
40-4349 - Same; taxation.
40-4350 - Same; confidentiality.
40-4351 - Same; conservation, rehabilitation or liquidation, grounds for.
40-4352 - Same; rules and regulations.
40-4353 - Captive insurance act; citation.
2020. Powered by KLISS. Rendered: 2020-03-28T08:31:58. Head Rev No: 521538(E)