License denial, suspension, revocation, or refusal

What this document is

Kan. Stat. Ann. s. 40-4909: License denial, suspension, revocation, or refusal is a state statute published by Kansas Office of Revisor of Statutes. It is one of the Kansas documents that insurance license exam questions are written from, including kansas life & health, kansas property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• Kan. Stat. Ann. § 40-4909(a)(8) (fraudulent or dishonest business practice)

  “(a) The commissioner may deny, suspend, revoke or refuse renewal of any license issued under this act if the commissioner finds that the applicant or license holder has: (1) Provided incorrect, misleading, incomplete or untrue information in the license application. (2) Violated: (A) Any provision...”

• Kan. Stat. Ann. § 40-4909(a)(3) (obtaining license by fraud)

  “(a) The commissioner may deny, suspend, revoke or refuse renewal of any license issued under this act if the commissioner finds that the applicant or license holder has: (1) Provided incorrect, misleading, incomplete or untrue information in the license application. (2) Violated: (A) Any provision...”

• Kan. Stat. Ann. § 40-4909(a)(1) (false information in license application)

  “(a) The commissioner may deny, suspend, revoke or refuse renewal of any license issued under this act if the commissioner finds that the applicant or license holder has: (1) Provided incorrect, misleading, incomplete or untrue information in the license application.”

• K.S.A. 40-4909(a)(17) (Failure to respond to an inquiry)

  “(17) Failed to respond to an inquiry from the commissioner within 15 business days.”

• K.S.A. 40-4909(i) (Censure; administrative penalty)

  “(i) In lieu of taking any action under subsection (a), the commissioner may: (1) Censure the person; or (2) issue an order imposing an administrative penalty up to a maximum of $500 for each violation but not to exceed $2,500 for the same violation occurring within any six consecutive calendar...”

• K.S.A. 40-4909(a)(12) (Knowingly accepting business from an unlicensed individual)

  “(12) Knowingly accepted insurance business from an individual who is not licensed.”

• K.S.A. 40-4909(e) (Business entity licenses)

  “(e) The license of any business entity may be suspended, revoked or refused renewal if the insurance commissioner finds that any violation committed by an individual licensee employed by or acting on behalf of such business entity was known by or should have been known by one or more of the...”

• K.S.A. 40-4909(h) (Employment during suspension or revocation)

  “(h) No person whose license as an agent or broker had been suspended or revoked shall be employed by any insurance company doing business in this state either directly, indirectly, as an independent contractor or otherwise to negotiate or effect contracts of insurance, suretyship or indemnity or...”

• K.S.A. 40-4909(b) (Interests of the insurer or the public not properly served)

  “(b) In addition, the commissioner may deny, suspend, revoke or refuse renewal of any license issued under this act if the commissioner finds that the interests of the insurer or the insurable interests of the public are not properly served under such license.”

• K.S.A. 40-4909(f) (Events that do not remove disciplinary jurisdiction)

  “(f) None of the following actions shall deprive the commissioner of any jurisdiction or right to institute or proceed with any disciplinary proceeding against such license, to render a decision suspending, revoking or refusing to renew such license, or to establish and make a record of the facts of...”

• K.S.A. 40-4909(g) (Hearing costs)

  “(g) Whenever the commissioner imposes any administrative penalty or denies, suspends, revokes or refuses renewal of any license pursuant to subsection (a), any costs incurred as a result of conducting an administrative hearing authorized under the provisions of this section shall be assessed...”

• K.S.A. 40-4909(a)(9) (Action against a license or registration in another state)

  “(9) Had an insurance agent license, public adjuster license, securities registration, or their equivalent, denied, suspended or revoked in any state, district or territory.”

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More Kansas sources

• Kan. Stat. Ann. s. 40-2404: Unfair methods of competition and deceptive acts definedState statute
• Kan. Stat. Ann. s. 40-4903: License required to sell, solicit, or negotiateState statute
• Kan. Stat. Ann. s. 40-420: Standard provisions required in life insurance policiesState statute
• Kansas Statutes Chapter 40 Article 22 - Accident and Sickness Insurance (K.S.A. 40-2201 through 40-2259)State statute
• Kansas Insurance Content OutlinesCandidate handbook or exam outline
• Kansas Insurance Licensing Candidate HandbookCandidate handbook or exam outline
• Kansas Statute 40-2c01 - Risk-based capital requirements; definitionsState statute
• Kansas Statutes Chapter 40 Article 1 - Insurance Department (commissioner: supervision, powers, election, criminal anti-fraud division)State statute