40-221. History: L. 1927, ch. 231, 40-221; L. 1965, ch. 296, § 1; Repealed, L. 1967, ch. 249, § 2; July 1. Source or prior law: L. 1871, ch. 93, § 66; L. 1885, ch. 132, § 31; L. 1903, ch. 330, § 3; R.S. 1923, 40-318, 40-451. CASE ANNOTATIONS 1. Cited in denying stockholder's right to demand receivership. Wright v. Federal Reserve Life Ins. Co., 131 Kan. 601, 605, 293 P. 945. 2. Cited; refusal of certificate to foreign mutual company upheld. National Mutual Casualty Co. v. Hobbs, 149 Kan. 625, 635, 88 P.2d 1006. 3. Validity of stock issue; court without jurisdiction until commissioner considers question. Morris v. Liberty Life Ins. Co., 154 Kan. 152, 115 P.2d 773. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026