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40-711.

History: L. 1927, ch. 231, § 40-711; Repealed, L. 1988, ch. 154, § 46; January 1, 1989.

Source or prior law:

L. 1898, ch. 23, § 11; L. 1901, ch. 66, § 1; R.S. 1923, 40-714.

CASE ANNOTATIONS

1. Funds from beneficiary certificate deposited in bank held exempt. Emmert v. Schmidt, 65 Kan. 31, 68 P. 1072.

2. Building of fraternal beneficiary society not exempt from taxation. Annuity Assoc. v. Shilling, 86 Kan. 290, 291, 120 P. 548.

3. Special fund for payment of certificates exempt from creditors' claims. Jackson v. Insurance Co., 101 Kan. 383, 387, 167 P. 1046.

4. Land purchased by beneficiary with proceeds of exempt money not exempt. Pefly v. Reynolds, Sheriff, 115 Kan. 105, 106, 222 P. 121.

5. Section creates no exemption for property purchased with insurance proceeds. Independence Savings & Loan Ass'n v. Sellars, 140 Kan. 652, 655, 656, 88 P.2d 1059.

6. Surety cannot have principal's insurance applied to indebtedness. Royal Indemnity Co. v. Grand Lodge, A.O.U.W. of Kansas, 60 F.2d 521, 522.


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