40-1607. Service of process upon commissioner; fee; suits by and against subscribers.
143 words·~1 min read·
/ks/chapter-40/40-1607A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
40-1607. Service of process upon commissioner; fee; suits by and against subscribers. Concurrently with the filing of the declaration provided for by the terms of K.S.A. 40-1603 , and amendments thereto, the attorney-in-fact shall file with the commissioner of insurance an instrument in writing, executed by such attorney-in-fact for the reciprocal conditioned that upon the issuance of the certificate of authority provided for in K.S.A. 40-1610 , and amendments thereto, service of process may be had upon the commissioner in all suits in this state arising out of such policies, contracts or agreements, which service shall be valid and binding upon the reciprocal.
Such service of process shall be executed in accordance with the provisions of K.S.A. 40-218 , and amendments thereto. Any reciprocal operating under the laws of this state may sue or be sued in the declared name of the reciprocal.