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2021 Kansas Statutes
Chapter 9 - Banks And Banking; Trust Companies
Article 23 - Technology-enabled Fiduciary Financial Institutions
9-2304 Provisions of state banking code applicable; exceptions; conflict of law.

Universal Citation:
KS Stat § 9-2304 (2021)
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9-2304. Provisions of state banking code applicable; exceptions; conflict of law.
(a) To the extent a conflict does not exist between this act and chapter 9 of the Kansas Statutes Annotated, and amendments thereto, the provisions of chapter 9 of the Kansas Statutes Annotated, and amendments thereto, shall apply to a fiduciary financial institution in the same manner as it applies to a trust company except that references in chapter 9 to:

(1) "Capital stock" includes membership capital and partner capital;

(2) "stock" includes membership units and partnership interests;

(3) "common stock" includes common units and common interests;

(4) "preferred stock" includes preferred units and preferred interests;

(5) "stockholders" includes members and partners;

(6) "articles of incorporation" includes articles of organization and articles of limited partnership;

(7) "incorporation" includes organization;

(8) "corporation" includes company and partnership;

(9) "corporate" includes company and partnership;

(10) "trust business" and "business of a trust company" includes fidfin and fiduciary financial institution business; and

(11) K.S.A. 9-901a(a), and amendments thereto, means K.S.A. 2021 Supp. 9-2305, and amendments thereto.

(b) If any conflict exists between any provisions of chapter 9 of the Kansas Statutes Annotated, and amendments thereto, and this act, the provisions of this act shall control.

History: L. 2021, ch. 80, ยง 4; July 1.

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