The Advocate and news., 1899-03-15
Senate Bill No. 372.

AN ACT providing for the taxation Of con-
| tracts Of insurance made with insurance
! companies not authorized to do business In
Kansas, and providing for the enforcement
thereof.
Be 1t enacted by the Legislature of the State
OF Kansas:
Section l. That whenever any person cor
poration, association or partnership, owning
or having the possession or control Of prop
erty within the State Of Kansas, or having
an insurable interest therein, shall enter
into contract for the insurance Of the same
against loss or damage by fire or otherwise
with any insurance company, partnership
association, person or corporation not au-
thorlzed to do business in the State OF Kan
sas such person, corporation, association
or partnership, shall within thirty days
after making of such contract Of insurance,
report the same TO the superintendent Of
insurance Of the State Of Kansas, for the
purposes of taxation as hereinafter pro-
vided.
Section 2. Said report shall set forth the
name of the insured, the date Of such con-
tract of insurance, the amount Of insurance,
the amount of premium paid therefor, the
term for which the same is to run, de-
scription OF the property insured and Its To-
cation, the name of the company, partner
ship, person or corporation insuring the
same the location Of the home or main
office Of such company, partnership, assoc
citation, person or corporation, and, II such
contract of insurance be made through or
ship, association, person or corporation, or
an insurance broker. the name and place OF
business Of such agent or broker; which
said report shall be filed in the Office Of the
superintendent OF insurance.
Section 3. All such insurance contracts
shall be taxed In a sum equal to 10 per cent
Of the amount OF premiums paid or con-
tracted to be paid thereon, which said tax
shall be paid by said insured to the super
intendent Of insurance, and the payment
thereof shall be enforceable by process OF
law as other IKE taxes are and said tax
shall be a lien on such property so insured
together with other taxes lawfully assessed
against the same.
Section 4. Said tax, when collected, shall
be applied as follows: three-fifth thereof to
the payment of the expenses of the insur-
ance department and two-hfths thereof
shall be paid by said superintendent off In
surance to the treasurer Of the city or town
ship In which said property so insured is
situate, for the benefit OK the fire depart
ment thereof, IL such department exist or
be organized, whether paid or volunteer:
otherwise to be used in the general fund OF
said city or township.
Section s. Every person, corporation, as
sociation or partnership, owning or having
possession or control Of property within the
State Of Kansas, or having an insurable
interest therein, shall upon demand exhibit
to the superintendent Of Insurance, or 70
the mayor, treasurer, fire marshal, or treas
urer of Firemen's Relief Association, Of any
Incorporated CITY, or to the treasurer or
trustee of any township, or to any person
for such purpose designated by said SUI
peT1ntendent mayor, treasurer fire mar
shall or trustee all policies or contracts
of insurance (Other than life or accldent)
in his possession or under his control, on
property situate within the state Of Kansas,
and IL shall be the duty of such person to
whom such policies or contracts OF In
surance shall be so exhibited to report to