There is a newer version of the Kansas Statutes
2013 Kansas Statutes
Chapter 17 CORPORATIONS
Article 55 SAVINGS AND LOAN CODE; POWERS
- Section 17-5501 Powers of association generally.
- Section 17-5501c Authority to accept and pledge security for U.S. treasury tax and loan accounts.
- Section 17-5502 Powers of board of directors.
- Section 17-5502a Closing one business day a week.
- Section 17-5503 Loan plans upon which real-estate loans may be made.
- Section 17-5504 Appraisal and approval of real estate securing a loan.
- Section 17-5505 Application of payments.
- Section 17-5506 Loan contract to be embodied in note.
- Section 17-5508 Association payments for protection of loans; addition to unpaid balance of loan.
- Section 17-5509 Association may accept assignment of life insurance on mortgagor; premium payments, addition to the unpaid balance of the loan.
- Section 17-5510 Advance installment payment of taxes and insurance.
- Section 17-5511 Record of charges on real estate securing loans.
- Section 17-5512 Prepayment of home loans.
- Section 17-5512a Agreements prohibiting or restricting prepayment of loans other than home loans.
- Section 17-5513 Modification of real-estate loan or note.
- Section 17-5514 Loan expenses which association may require borrower to pay; statement.
- Section 17-5515 Collection and payment of loan expenses.
- Section 17-5516 Fees for procuring loan may not be paid to directors, officers or employees of association.
- Section 17-5517 Lien on shares to secure loan.
- Section 17-5519 Sale of property.
- Section 17-5520 Directors, officers and employees purchases from or sales to association.
- Section 17-5521 Bulk sale of assets.
- Section 17-5522 Same; commissioner's approval required.
- Section 17-5523 Same; distribution of proceeds.
- Section 17-5524 Same; dissolution results.
- Section 17-5525 Conversion of state association into federal savings and loan association; vote requirements.
- Section 17-5526 Same; minutes of meeting to be filed with commissioner.
- Section 17-5527 Same; action required by federal law must be taken within three months.
- Section 17-5528 Same; copy of charter or certificate to be filed with commissioner and secretary of state.
- Section 17-5529 Same; failure to file; penalty.
- Section 17-5530 Same; cessation of commissioner's jurisdiction.
- Section 17-5531 Same; continuation of state association; succession to property and other interests.
- Section 17-5532 Same; continuation of judicial proceedings.
- Section 17-5533 Same; recognition by state.
- Section 17-5534 Same; obligations continued and vesting of property title.
- Section 17-5535 Conversion from federal to state association; majority vote of members required.
- Section 17-5536 Same; minutes of meeting to be filed with the federal home loan bank board.
- Section 17-5537 Same; vote on directors of converted association required.
- Section 17-5538 Certificate of incorporation may state it is converted association.
- Section 17-5539 Same; petition for certificate of incorporation and bylaws; directors' signatures.
- Section 17-5540 Same; procedure; continuation of federal association.
- Section 17-5541 Merger; procedure; merger agreement.
- Section 17-5542 Same; approval or disapproval of merger agreement.
- Section 17-5543 Same; approval by federal home loan bank board, when.
- Section 17-5544 Same; appeal in case of failure of commissioner to approve proposed merger.
- Section 17-5545 Merger binding and effective upon commissioner's approval; recordation; duties of commissioner.
- Section 17-5546 Same; remaining association deemed to be continuation of all preceding associations; property of preceding associations deemed to pass by operation of law.
- Section 17-5547 Same; continuation of judicial proceedings.
- Section 17-5548 Reorganization; procedure; recordation of instruments.
- Section 17-5549 Same; effective date.
- Section 17-5550 Same; reorganization plan.
- Section 17-5551 Same; rights and obligations of reorganizing association inure to benefit of reorganized association.
- Section 17-5552 Same; applications for repurchase canceled when members approve proposed plan of reorganization.
- Section 17-5553 Dissolution.
- Section 17-5554 Same; execution of documents.
- Section 17-5555 Same; filing of copies with commissioner; examination of association.
- Section 17-5556 Same; recordation of documents.
- Section 17-5557 Same; continuation for winding up affairs.
- Section 17-5558 Same; directors to act as liquidating trustees.
- Section 17-5559 Same; powers.
- Section 17-5560 Same; association subject to commissioner during liquidation.
- Section 17-5561 Same; final report and accounting; discharge of directors.
- Section 17-5562 Same; vested rights not disturbed during dissolution.
- Section 17-5563 Credit to borrowers.
- Section 17-5564 Undelivered funds due creditors, depositors and shareholders of defunct associations; duties of commissioner and state treasurer; undistributed assets of defunct associations fund.
- Section 17-5565 Remote service units.
- Section 17-5566 Same; conditions to operation and use of; exceptions.
- Section 17-5567 Same; extensions of credit through; withdrawal limitations.
- Section 17-5568 Same; security measures as a condition for operation.
- Section 17-5569 Same; unauthorized transactions; liability.
- Section 17-5570 Same; definitions.
- Section 17-5571 Prohibitions; injunctive relief; damages; definitions.
- Section 17-5572 Finance subsidiary corporation; utilization by certain savings and loan associations; rules and regulations.
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