Kansas Statutes Chapter 40. Insurance § 40-3503. Capital and surplus requirements
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A mortgage guaranty insurance company shall not transact the business of mortgage guaranty insurance unless, if said company is a stock insurance company, it has paid-in capital of at least one million dollars ($1,000,000) and surplus of at least one million dollars ($1,000,000), or if said company is a mutual insurance company, it has a minimum surplus of two million dollars ($2,000,000).
Cite this article: FindLaw.com - Kansas Statutes Chapter 40. Insurance § 40-3503. Capital and surplus requirements - last updated January 01, 2020 | https://codes.findlaw.com/ks/chapter-40-insurance/ks-st-sect-40-3503.html
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