40-2505. Same; renewal of certificate. Every certificate of authority issued hereunder shall expire annually on May 1 of each year unless sooner revoked or suspended as hereinafter provided and application for renewal of such certificate of authority shall be filed upon such forms, as are provided by the commissioner, and shall contain such information as the commissioner may prescribe. It is also required that a verified statement showing a list of all assets and liabilities as of the preceding December 31 be filed by March 1 of each year with the application for renewal of certificate of authority. The commissioner may upon request, and for good cause shown, grant a reasonable extension of time within which such statement may be filed. Such statement shall also include the number of Kansas members and the number of all members. The annual license fee for renewal of such certificate of authority shall be one hundred ten dollars ($110).
History: L. 1967, ch. 270, § 5; July 1.
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