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Committee places HB2540 (annuity nonforfeiture change) on consent calendar

Committee on Insurance · February 11, 2026
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Summary

The Committee on Insurance voted to pass House Bill 2540 favorably and place it on the consent calendar; the bill would clarify that standard nonforfeiture law for individual deferred annuities does not apply to contingent deferred annuities.

House Bill 2540 was presented to the Committee on Insurance as a technical change to Kansas statutes relating to individual deferred annuities. Eileen, the reviser, summarized that HB2540 would amend…

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