Kansas § 40-3621 - Liquidation of insurer; petition by commissioner; grounds. The commissioner may petition the district court of Shawnee county for an order
Full text of Kansas Kansas Statutes Annotated § 40-3621 — Liquidation of insurer; petition by commissioner; grounds. The commissioner may petition the district court of Shawnee county for an order , with citation guidance and answers to common questions.
§ 40-3621. Liquidation of insurer; petition by commissioner; grounds. The commissioner may petition the district court of Shawnee county for an order
40-3621. Liquidation of insurer; petition by commissioner; grounds. The commissioner may petition the district court of Shawnee county for an order directing the commissioner to liquidate a domestic insurer on the basis:(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;(b) that the insurer is insolvent; or(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.History: L. 1991, ch. 125, § 17; July 1.
Source: official Kansas text · Last verified 2026-08-27
Frequently Asked Questions About Kansas § 40-3621
What does Kansas Statutes Annotated § 40-3621 cover?
Section 40-3621 ("Liquidation of insurer; petition by commissioner; grounds. The commissioner may petition the district court of Shawnee county for an order ") is part of the Kansas Statutes Annotated, the codified statutory law of Kansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Kansas § 40-3621?
A common citation format is "Kansas Statutes Annotated § 40-3621" (Kansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Kansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Kansas official source linked on this page or consult a licensed Kansas attorney.
How does Kansas § 40-3621 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Kansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Kansas.