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2015 Kansas Statutes
Chapter 9 BANKS AND BANKING; TRUST COMPANIES
Article 17 BANKING CODE; SUPERVISION; COMMISSIONER
9-1720 Change of control; approval.

KS Stat § 9-1720 (2015) What's This?

9-1720. Change of control; approval. Except with the approval of the commissioner, or as otherwise permitted by the state banking code, it shall be unlawful for a person, acting directly or indirectly or through concert with one or more persons to:

(a) Acquire control of any bank or trust company; or

(b) commence any merger transaction with a bank or trust company which includes, but is not limited to, any merger, consolidation, acquisition of assets or assumption of any liabilities.

History: L. 1984, ch. 47, § 2; L. 2015, ch. 38, § 110; July 1.

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