2015 Kansas Statutes
Chapter 9 BANKS AND BANKING; TRUST COMPANIES
Article 8 BANKING CODE; ORGANIZATION
9-803 Renewal and extension of corporation; lapse in authority or existence.

KS Stat § 9-803 (2015) What's This?

9-803. Renewal and extension of corporation; lapse in authority or existence. (a) Any bank whose articles of incorporation has lapsed, or hereafter shall lapse, may renew and extend the bank's corporate existence in the manner provided by law and upon payment of the requisite fees.

(b) The acts of any bank or trust company whose articles of incorporation have lapsed or terminated by the expiration of time and whose corporate existence is renewed and extended are hereby legalized and declared to be valid in the same manner and to the same effect as though the banks and trust companies had been duly authorized at all times since their organization.

History: L. 1947, ch. 102, § 6; L. 2015, ch. 38, § 25; July 1.

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