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2021 Kansas Statutes
Chapter 9 - Banks And Banking; Trust Companies
Article 23 - Technology-enabled Fiduciary Financial Institutions
9-2310 General powers.
Universal Citation:
KS Stat § 9-2310 (2021)
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9-2310. General powers.
(a) Any fiduciary financial institution is hereby authorized to exercise by its board of directors or duly authorized officers or agents, subject to law, the following powers:
(1) To engage in fidfin transactions in accordance with K.S.A. 2021 Supp. 9-2311, and amendments thereto;
(2) to receive, retain and manage alternative asset custody accounts in accordance with K.S.A. 2021 Supp. 9-2313, and amendments thereto; and
(3) to engage in trust business as defined in K.S.A. 9-701, and amendments thereto.
History: L. 2021, ch. 80, ยง 10; July 1.
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