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2014 Kansas Statutes
Chapter 17 CORPORATIONS
Article 54 SAVINGS AND LOAN CODE; CAPITAL
17-5416 Redemption prohibited, when.
KS Stat § 17-5416 (2014) What's This?
17-5416. Redemption prohibited, when. No association shall redeem any of its shares when there is an impairment of capital or when it has applications for repurchase which have been on file more than thirty days and not reached for payment.
History: L. 1943, ch. 133, § 74; July 1.
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