There is a newer version of the Kansas Statutes
2014 Kansas Statutes
Chapter 17 CORPORATIONS
Article 55 SAVINGS AND LOAN CODE; POWERS
- 17-5501 Powers of association generally.
- 17-5501c Authority to accept and pledge security for U.S. treasury tax and loan accounts.
- 17-5502 Powers of board of directors.
- 17-5502a Closing one business day a week.
- 17-5503 Loan plans upon which real-estate loans may be made.
- 17-5504 Appraisal and approval of real estate securing a loan.
- 17-5505 Application of payments.
- 17-5506 Loan contract to be embodied in note.
- 17-5508 Association payments for protection of loans; addition to unpaid balance of loan.
- 17-5509 Association may accept assignment of life insurance on mortgagor; premium payments, addition to the unpaid balance of the loan.
- 17-5510 Advance installment payment of taxes and insurance.
- 17-5511 Record of charges on real estate securing loans.
- 17-5512 Prepayment of home loans.
- 17-5512a Agreements prohibiting or restricting prepayment of loans other than home loans.
- 17-5513 Modification of real-estate loan or note.
- 17-5514 Loan expenses which association may require borrower to pay; statement.
- 17-5515 Collection and payment of loan expenses.
- 17-5516 Fees for procuring loan may not be paid to directors, officers or employees of association.
- 17-5517 Lien on shares to secure loan.
- 17-5519 Sale of property.
- 17-5520 Directors, officers and employees purchases from or sales to association.
- 17-5521 Bulk sale of assets.
- 17-5522 Same; commissioner's approval required.
- 17-5523 Same; distribution of proceeds.
- 17-5524 Same; dissolution results.
- 17-5525 Conversion of state association into federal savings and loan association; vote requirements.
- 17-5526 Same; minutes of meeting to be filed with commissioner.
- 17-5527 Same; action required by federal law must be taken within three months.
- 17-5528 Same; copy of charter or certificate to be filed with commissioner and secretary of state.
- 17-5529 Same; failure to file; penalty.
- 17-5530 Same; cessation of commissioner's jurisdiction.
- 17-5531 Same; continuation of state association; succession to property and other interests.
- 17-5532 Same; continuation of judicial proceedings.
- 17-5533 Same; recognition by state.
- 17-5534 Same; obligations continued and vesting of property title.
- 17-5535 Conversion from federal to state association; majority vote of members required.
- 17-5536 Same; minutes of meeting to be filed with the federal home loan bank board.
- 17-5537 Same; vote on directors of converted association required.
- 17-5538 Certificate of incorporation may state it is converted association.
- 17-5539 Same; petition for certificate of incorporation and bylaws; directors' signatures.
- 17-5540 Same; procedure; continuation of federal association.
- 17-5541 Merger; procedure; merger agreement.
- 17-5542 Same; approval or disapproval of merger agreement.
- 17-5543 Same; approval by federal home loan bank board, when.
- 17-5544 Same; appeal in case of failure of commissioner to approve proposed merger.
- 17-5545 Merger binding and effective upon commissioner's approval; recordation; duties of commissioner.
- 17-5546 Same; remaining association deemed to be continuation of all preceding associations; property of preceding associations deemed to pass by operation of law.
- 17-5547 Same; continuation of judicial proceedings.
- 17-5548 Reorganization; procedure; recordation of instruments.
- 17-5549 Same; effective date.
- 17-5550 Same; reorganization plan.
- 17-5551 Same; rights and obligations of reorganizing association inure to benefit of reorganized association.
- 17-5552 Same; applications for repurchase canceled when members approve proposed plan of reorganization.
- 17-5553 Dissolution.
- 17-5554 Same; execution of documents.
- 17-5555 Same; filing of copies with commissioner; examination of association.
- 17-5556 Same; recordation of documents.
- 17-5557 Same; continuation for winding up affairs.
- 17-5558 Same; directors to act as liquidating trustees.
- 17-5559 Same; powers.
- 17-5560 Same; association subject to commissioner during liquidation.
- 17-5561 Same; final report and accounting; discharge of directors.
- 17-5562 Same; vested rights not disturbed during dissolution.
- 17-5563 Credit to borrowers.
- 17-5564 Undelivered funds due creditors, depositors and shareholders of defunct associations; duties of commissioner and state treasurer; undistributed assets of defunct associations fund.
- 17-5565 Remote service units.
- 17-5566 Same; conditions to operation and use of; exceptions.
- 17-5567 Same; extensions of credit through; withdrawal limitations.
- 17-5568 Same; security measures as a condition for operation.
- 17-5569 Same; unauthorized transactions; liability.
- 17-5570 Same; definitions.
- 17-5571 Prohibitions; injunctive relief; damages; definitions.
- 17-5572 Finance subsidiary corporation; utilization by certain savings and loan associations; rules and regulations.
Disclaimer: These codes may not be the most recent version. Kansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.