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2017 Kansas Statutes
Chapter 9 BANKS AND BANKING; TRUST COMPANIES
Article 8 BANKING CODE; ORGANIZATION
9-816 Bankers' bank; application for organization.
Universal Citation: KS Stat § 9-816 (2017)
9-816. Bankers' bank; application for organization. (a) As used in this section, "bankers' bank" means a state bank which is owned exclusively, except to the extent directors' qualifying shares are required by law, by other state banks, federally chartered banks or a one-bank holding company and is organized to engage exclusively in providing services for other state banks or federally chartered banks and the banks' officers, directors and employees.
(b) The state banking board may approve the application for the organization of a state bankers' bank under the provisions of K.S.A. 9-801 et seq., and amendments thereto.
History: L. 2015, ch. 38, § 11; L. 2016, ch. 54, § 14; July 1.
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