40-2105 Stock and membership records of stock or mutual life or stock fire or stock casualty companies; inspection.

KS Stat § 40-2105 (2018) (N/A)

Copy with citation

Copy as parenthetical citation

40-2105. Stock and membership records of stock or mutual life or stock fire or stock casualty companies; inspection. The officer who shall have charge of the stock or membership records of any stock or mutual life, or any stock fire or stock casualty insurance company organized under the laws of this state, shall at any meeting of stockholders or members have available the stock or membership records as will show who are stockholders or members. Such records shall be available for inspection and examination only by designated company employees and by such committee as shall be appointed prior to or at said meeting by the president or presiding officer to determine the number of shares or members present in person or by proxy and entitled to vote. Except as to membership records and records pertaining to stock issued and outstanding and the holders thereof, every stockholder or member shall have the right to examine in person or by agent or attorney, at any reasonable time for any reasonable purpose, the bylaws, books of account and minutes of the proceedings of the stockholders or members and directors, and to make copies of or extracts from them.

History: L. 1957, ch. 288, § 1; April 16.

Previous Section

40-2104 Same; invalidity of part.

Next Section

40-2106 Same; demand for examination; specification of mismanagement; hearing; powers and duties of commissioner.