Kansas Administrative Regulations
Agency 40 - INSURANCE DEPARTMENT
Article 3 - FIRE AND CASUALTY INSURANCE
Section 40-3-17 - Liability insurance contracts; liability of insuring company
Universal Citation: KS Admin Regs 40-3-17
Current through Register Vol. 43, No. 39, September 26, 2024
A company shall not issue a liability contract in this state which provides, in effect, that an action may not be maintained against the insuring company unless for recovery of money actually paid by the insured in full satisfaction of a judgment against the insured after trial of the issue. Each liability contract issued in this state shall provide that the insuring company will become liable whenever final judgment is rendered against the insured.
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