Kansas Statutes 40-2416. Same; definitions
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Terms Used In Kansas Statutes 40-2416
- Commissioner: means the commissioner of insurance of this state. See Kansas Statutes 40-2402
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means any individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyd's insurer, fraternal benefit society and any other legal entity engaged in the business of insurance, including agents, brokers and adjusters. See Kansas Statutes 40-2402
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
When used in this act: “Commissioner” shall mean the commissioner of insurance of this state; “unfair trade practice law” shall mean Kan. Stat. Ann. §§ 40-2401 through 40-2414, Kan. Stat. Ann. §§ 40-2414a and 40-2414b, and amendments thereto; “residents” shall mean and include person, partnership or corporation, domestic, alien or foreign.