# K.S.A. § 40-4307: 40-4307 - Annual report of financial condition > Kansas · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4307 ## Section - **Citation:** K.S.A. § 40-4307 - **Heading:** 40-4307 - Annual report of financial condition - **Jurisdiction:** Kansas - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** KS Code / Chapter 40 / Article 43 / Section 40-4307 ## Text 40-4307. Annual report of financial condition. (a) Prior to March 1 of each year, each captive insurance company shall submit to the commissioner a report of its financial condition, verified by oath of two of its executive officers. (b) The report may be filed using generally accepted accounting principles, unless the commissioner approves the use of statutory accounting principles, with any appropriate or necessary modifications or adaptions thereof required or approved or accepted by the commissioner for the type of insurance and kinds of insurers to be reported upon, and as supplemented by additional information required by the commissioner. The commissioner shall by rules and regulations prescribe the forms by which captive insurance companies shall report. (c) Any captive insurance company may make written application to the commissioner for filing the report required by subsection (a) on a fiscal year end. If an alternative reporting date is granted by the commissioner: (1) The annual report shall be due 60 days after the fiscal year end; and (2) in order to provide sufficient detail to support the premium tax return, the captive insurance company shall file prior to March 1 of each year for each calendar year end such form or information as the commissioner shall by rules and regulations prescribe, verified by the oath by two of its executive officers or other authorized persons. (d) The captive insurance company shall file a report of financial condition on a quarterly basis to be designated by the commissioner. The contents and form of the report shall be governed by subsection (b). (e) All reports shall be given the same confidential treatment as provided in K.S.A. 40-4308, and amendments thereto. ## Nearby sections - [K.S.A. § 40-4301 40-4301 - Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4301.md) - [K.S.A. § 40-4302 40-4302 - Certificate of authority to provide insurance coverage; certain risks not authorized to be covered; requirements for doing business; documents and information required to be filed with commissioner; examination and registration fees; issuance of certificate of authority; privacy protections in court proceedings.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4302.md) - [K.S.A. § 40-4303 40-4303 - Name of company; exceptions.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4303.md) - [K.S.A. § 40-4304 40-4304 - Capital requirements.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4304.md) - [K.S.A. § 40-4306 40-4306 - Incorporation of companies; incorporators, number and residency requirements; petition of commissioner for issuance of certificate that company promotes welfare of state; certificate and articles of incorporation to be filed with secretary of state; organization fee; capital stock requirements; board of directors, residency requirements; application of general corporation code.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4306.md) - [K.S.A. § 40-4307 40-4307 - Annual report of financial condition.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4307.md) - [K.S.A. § 40-4308 40-4308 - Examination of companies; report; orders; confidentiality.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4308.md) - [K.S.A. § 40-4309 40-4309 - Suspension or revocation of certificate of authority; grounds.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4309.md) - [K.S.A. § 40-4310 40-4310 - Investments; restrictions and limitations.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4310.md) - [K.S.A. § 40-4311 40-4311 - Reinsurance authority; requirements and limitation; credit for reserves on risks ceded.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4311.md) - [K.S.A. § 40-4312 40-4312 - No requirement to join rating or policy form organization.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4312.md) - [K.S.A. § 40-4313 40-4313 - Companies prohibited from joining or benefiting from insolvency guarantee funds; notice.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4313.md) - [K.S.A. § 40-4314 40-4314 - Taxation of captive insurance companies and redomesticating captive insurance companies.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4314.md) - [K.S.A. § 40-4315 40-4315 - Statutes regulating trade practices applicable to certain insurance provided by captive insurance companies.](https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4315.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KS_C40_A43_S40-4307. 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