2014 Kansas Statutes
Chapter 17 CORPORATIONS
Article 55 SAVINGS AND LOAN CODE; POWERS
17-5561 Same; final report and accounting; discharge of directors.

KS Stat § 17-5561 (2014) What's This?

17-5561.Same; final report and accounting; discharge of directors. Upon completion of liquidation, the board of directors shall file with the commissioner a final report and accounting of such liquidation. The approval of such report by the commissioner shall operate as a complete and final discharge of the board of directors or any member thereof in connection with the liquidation of such association.

History: L. 1943, ch. 133, § 139; July 1.

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