Any surplus accumulated by a corporation subject to this act beyond a reserve fund equal to the amount disbursed during the preceding year for care received by subscribers and beyond the reserves required by K.S.A. 40-19a08 , shall within one year after its accumulation be distributed to subscribers either in the form of increased benefits or rebate of subscription charges.
K.S.A. 40-19a12
Surplus; how distributed
L. 1972, ch. 174, § 12; July 1.
Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.