Kansas Statutes Annotated

K.S.A. § 40-2904 (2026)

Same; creation of nonprofit association, membership; functions

✓ current as of May 2026
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40-2904. Same; creation of nonprofit association, membership; functions. There is created a nonprofit unincorporated legal entity to be known as the Kansas insurance guaranty association. All insurers defined as member insurers in K.S.A. 40-2903(e) shall be and remain members of the association as a condition of their authority to transact insurance in this state. The association shall perform its functions under a plan of operation established and approved under K.S.A. 40-2907 and shall exercise its powers through a board of directors established under K.S.A. 40-2905.

History: L. 1970, ch. 185, § 4; March 27.

CASE ANNOTATIONS

1. Whether partial payment of claim by insolvent insurer alters KIGA's liability where shortfall still exists examined. Kansas Dept. of Health & Environment v. Kansas Ins. Guaranty Ass'n, 254 Kan. 863, 866, 869 P.2d 692 (1994).


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Notes of Decisions
Cited in 3 cases, 1994–2011 · leading case: Brennan v. Kansas Ins. Guar. Ass'n, 264 P.3d 102 (Kan. 2011).
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Brennan v. Kansas Ins. Guar. Ass'n, 264 P.3d 102 (Kan. 2011). “K.S.A. 40-2904. KIGA assesses annual fees against member insurers to pay its obligations.”
Brennan v. Kansas Ins. Guar. Ass'n, 264 P.3d 102 (Kan. 2011). “K.S.A. 40-2904. KIGA assesses annual fees against member insurers to pay its obligations.”
Kansas Dep't of Health & Env't v. Kansas Ins. Guar. Ass'n, 869 P.2d 692 (Kan. 1994). “The Act is administered by KIGA (K.S.A. 40-2904). The purpose of the Act is stated in K.”
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