(a) "State agency" means any state office or officer, department, board, commission, institution, bureau or any agency, division or unit within any office, department, board, or other state authority.
(b) "Insurance" means and includes every type of insurance on property.
History: L. 1957, ch. 290, § 1; May 1.
History: L. 1957, ch. 290, § 2; L. 1963, ch. 411, § 1; L. 1979, ch. 186, § 27; L. 1983, ch. 293, § 1; L. 1985, ch. 253, § 4; L. 1986, ch. 293, § 3; L. 1987, ch. 298, § 1; L. 1990, ch. 278, § 2;L. 1990, ch. 281, § 2; April 19.
History: L. 1957, ch. 290, § 2; L. 1963, ch. 411, § 1; L. 1979, ch. 186, § 27; L. 1983, ch. 293, § 1; L. 1985, ch. 253, § 4; L. 1986, ch. 330, § 2; Repealed, L. 1987, ch. 298, § 2; July 1.
(1) When bonds have been issued for the construction, equipment and furnishing of a building and the acquisition of a site therefor, or for any one or more of such purposes or for the purchase of such property, if the law authorizing the issuance of such bonds or agreement with the bondholders or a trust agreement requires that the building, equipment and furnishings or other property be insured;
(2) where property has been conveyed to the state or a state agency and the instrument conveying such property to the state or the state agency requires that the property be insured;
(3) where the cost of property has been or is being amortized by the use of federally granted funds;
(4) when the acquisition of such insurance is determined to be in the best interests of state educational institutions, as defined in subsection (a) of K.S.A. 76-711, and amendments thereto, as determined by the chief executive officer of the institution and such insurance can be obtained in accordance with K.S.A. 75-4101 et seq., and amendments thereto.
(b) When a building of a state agency is not insured on the effective date of this act, the state agency shall not obtain insurance duplicating insurance obtained under K.S.A. 74-4718, and amendments thereto.
History: L. 1957, ch. 290, § 3; L. 1961, ch. 394, § 1; L. 1992, ch. 276, § 6; L. 1995, ch. 30, § 1; July 1.
History: L. 1957, ch. 290, § 4; L. 1959, ch. 325, § 1; Repealed, L. 1963, ch. 411, § 9; May 1.
History: L. 1957, ch. 290, § 5; May 1.
History: L. 1957, ch. 290, § 6; May 1.
History: L. 1963, ch. 411, § 2; L. 1982, ch. 318, § 1; April 15.
History: L. 1963, ch. 411, §§ 3 to 8; Repealed, L. 1979, ch. 186, § 33; July 1.
History: L. 1970, ch. 318, § 1; Repealed, L. 1979, ch. 186, § 33; July 1.
History: L. 1970, ch. 318, § 2; Repealed, L. 1979, ch. 186, § 33; July 1.
History: L. 1970, ch. 318, § 3; Repealed, L. 1979, ch. 186, § 33; July 1.
(a) "Committee" means the committee on surety bonds and insurance.
(b) "Secretary" means the secretary of administration.
(c) "Department" means the department of administration.
History: L. 1992, ch. 276, § 1; July 1.
History: L. 1992, ch. 276, § 2; July 1.
(b) The department shall establish the insurable values of all property to be insured under K.S.A. 74-4718. To facilitate establishment of such values, every state agency is required to follow the instructions of the department in helping to establish such values for buildings occupied by the state agency.
(c) The department shall coordinate as necessary the settlement of insured losses.
(d) The secretary shall adopt rules and regulations convenient for the purpose of this section.
History: L. 1992, ch. 276, § 3; July 1.
(a) Buildings upon which there is an existing policy of insurance which is determined by the committee to be adequate, unless the state agency owning or being responsible for a building requests the committee to include any such building or buildings in the coverage of such policy.
(b) Buildings which are currently insured in compliance with a bond covenant, unless the covenant authorizes, or is amended to authorize, such alternative coverage as is provided by the policy purchased under K.S.A. 74-4718.
(c) Buildings which are determined by the committee to require coverage different from that which the insurance policy obtained under K.S.A. 74-4718 will provide.
(d) Buildings the department determines it is not advisable to insure.
History: L. 1992, ch. 276, § 4; July 1.
(a) The amount and value of the property insured;
(b) the costs of such insurance;
(c) losses incurred by state agencies segregated between insured and noninsured;
(d) recommendations for changes in the property insurance program to enhance its value; and
(e) such other information as the department of administration deems appropriate.
History: L. 1992, ch. 276, § 5; July 1.