Kansas Statutes 40-246d. Same; revocation or suspension of license, when
Terms Used In Kansas Statutes 40-246d
- Commissioner: means the commissioner of insurance of this state;
(b) "company" means any person engaging in or proposing or attempting to engage in any transaction or kind of insurance or surety business and any person or group of persons who may otherwise be subject to the administrative, regulatory or taxing authority of the commissioner;
(c) "department" means the department of insurance of this state;
(d) "examiner" means any individual or firm having been authorized by the commissioner to conduct an examination under this act;
(e) "insurer" shall have the meaning ascribed to the term "insurance company" by Kan. See Kansas Statutes 40-222f
The commissioner may, in the manner prescribed by law, revoke or suspend the license of any agent issued pursuant to either Kan. Stat. Ann. § 40-241, and amendments thereto or Kan. Stat. Ann. § 40-4906, and amendments thereto, of the Kansas Statutes Annotated when such agent shall engage in any transaction permitted only to licensees under the provisions of Kan. Stat. Ann. § 40-246b, and amendments thereto, without first obtaining the license as required by Kan. Stat. Ann. § 40-246b, and amendments thereto.