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2019 Statute



Prev Article 2d. - HEALTH ORGANIZATION RISK-BASED CAPITAL REQUIREMENTSNext


40-2d17.Mandatory control event; defined. "Mandatory control event" means any of the following events:

(a) The filing of an RBC report by the health organization which indicates that the health organization's total adjusted capital is less than its mandatory control level RBC;

(b) the notification by the commissioner to the health organization of an adjusted RBC report that indicates the event described in subsection (a) if:

(1) The health organization does not challenge the adjusted RBC report pursuant to K.S.A. 40-2d19, and amendments thereto; or

(2) the commissioner has rejected such challenge.

History: L. 2000, ch. 147, § 18; July 1.



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2022. Powered by KLISS. Rendered: 2022-07-01T06:45:44. Head Rev No: 593009(E)