# K.S.A. § 40-3007: 40-3007 - Board of directors of association; membership; selection; approval; vacancies; compensation; removal

> Kansas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3007

## Section

- **Citation:** K.S.A. § 40-3007
- **Heading:** 40-3007 - Board of directors of association; membership; selection; approval; vacancies; compensation; removal
- **Jurisdiction:** Kansas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** KS Code / Chapter 40 / Article 30 / Section 40-3007

## Text

40-3007. Board of directors of association; membership; selection; approval; vacancies; compensation; removal. (a) The board of directors of the association shall consist of not fewer than five nor more than nine member insurers serving terms as established in the plan of operation. The members of the board shall be selected by member insurers subject to the approval of the commissioner. Vacancies on the board shall be filled for the remaining periods of the terms by a majority vote of the remaining board members, subject to the approval of the commissioner.

(b) In approving selections or in appointing members to the board, the commissioner shall consider, among other things, whether all member insurers are fairly represented.

(c) Members of the board may be reimbursed from the assets of the association for expenses incurred by them as members of the board of directors but members of the board shall not otherwise be compensated by the association for their services.

(d) The terms of each member appointed and serving on the board of directors as of July 1, 2024, shall continue until the expiration of each member's current term. Upon expiration of each member's term, the commissioner shall decide whether to continue each member's position on the board or reduce the number of members of the board of directors in accordance with paragraph (e).

(e) On and after January 1, 2025, the board of directors shall consist of not fewer than five but not more than nine members appointed in accordance with this paragraph. Members of the board of directors shall be selected by member insurers subject to the approval of the commissioner. Each member of the board of directors shall be appointed for a term of three years, except that members shall be removable by the commissioner for inefficiency, neglect of duty or malfeasance.

## Nearby sections

- [K.S.A. § 40-3001 40-3001 - Name and citation of act.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3001.md)
- [K.S.A. § 40-3002 40-3002 - Purpose of act.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3002.md)
- [K.S.A. § 40-3003 40-3003 - Persons provided coverage; policies and contracts specified.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3003.md)
- [K.S.A. § 40-3005 40-3005 - Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3005.md)
- [K.S.A. § 40-3006 40-3006 - Creation of Kansas life and health insurance guaranty association; members; functions and powers; accounts; association under supervision of commissioner and insurance laws of state; meetings or records.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3006.md)
- [K.S.A. § 40-3007 40-3007 - Board of directors of association; membership; selection; approval; vacancies; compensation; removal.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3007.md)
- [K.S.A. § 40-3008 40-3008 - Powers and duties of association; limitations of liability of association; mandatory payment of certain claims.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3008.md)
- [K.S.A. § 40-3009 40-3009 - Assessment of member insurers to provide funds for administration of association; classes of assessment; limitations; refunds to insurers; certificates of contribution.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3009.md)
- [K.S.A. § 40-3010 40-3010 - Plan of operation; powers of commissioner; rules and regulations; mandatory and permissive provisions of plan; reimbursement for certain payments.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3010.md)
- [K.S.A. § 40-3011 40-3011 - Additional powers of commissioner; revocation of authority; appeals; judicial review; notice of effect of act.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3011.md)
- [K.S.A. § 40-3012 40-3012 - Duties of commissioner and board for the detection and prevention of insurer impairments; reports and recommendations of board to commissioner.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3012.md)
- [K.S.A. § 40-3013 40-3013 - Liability for unpaid assessments of insureds of impaired or insolvent insurers under plan; records of negotiations made public, when; association deemed creditor, when; use of assets of impaired or insolvent insurer; equitable distribution of rights; recovery of distributions.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3013.md)
- [K.S.A. § 40-3014 40-3014 - Examination and regulation by commissioner; financial report.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3014.md)
- [K.S.A. § 40-3015 40-3015 - Association exempt from certain fees and taxes.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3015.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A30_S40-3007. Check the current official text before relying on it. Not legal advice.
