2011 Kansas Code
Chapter 9. - BANKS AND BANKING; TRUST COMPANIES
Article 11. - BANKING CODE; POWERS
9-111b Same; banks ineligible as state depository, when.
9-1101b. Same; banks ineligible as state depository, when. No bank doing business in the state of Kansas shall be designated as a depository for any state funds by the pooled money investment board if it owns any personal property which was acquired upon the specific request or for the use of a customer, which property is leased to such customer and upon which property no ad valorem property tax is levied and paid by such bank or by the customer leasing the same.
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