2012 Kansas Statutes
Chapter 9 BANKS AND BANKING; TRUST COMPANIES
Article 16 BANKING CODE; TRUST AUTHORITY
Section 9-1612 Company having control over a bank or trust company defined.
9-1612. Company having control over a bank or trust company defined. For the purposes of this act, any company has control over a bank or trust company if:
(a) The company directly or indirectly, or acting through one or more persons, owns, controls or has power to vote twenty-five percent (25%) or more of any class of voting securities of the bank or trust company; or
(b) the company controls in any manner the election of a majority of the directors or trustees of the bank or trust company.
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