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Current as of January 01, 2025 | Updated by Findlaw Staff
In the event of a regulatory action level event, the commissioner shall:
(a) Require the health organization to prepare and submit an RBC plan or, if applicable, a revised RBC plan;
(b) perform such examination or analysis as the commissioner deems necessary of the assets, liabilities and operations of the health organization including a review of its RBC plan or revised RBC plan; and
(c) subsequent to the examination or analysis, issue a corrective order specifying such actions as the commissioner determines are required.
Cite this article: FindLaw.com - Kansas Statutes Chapter 40. Insurance § 40-2d12. Same; commissioner’s duties in regulatory action level event - last updated January 01, 2025 | https://codes.findlaw.com/ks/chapter-40-insurance/ks-st-sect-40-2d12/
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