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2025 Kansas Statutes
Chapter 9 - Banks And Banking; Trust Companies
Article 19 - Banking Code; Dissolution; Insolvency
9-1920 Borrowing by liquidating bank.
Universal Citation:
KS Stat § 9-1920 (2025)
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9-1920.
Borrowing by liquidating bank.
Upon the approval of the commissioner, the board of directors of any bank in the process of voluntary liquidation may borrow an amount not in excess of 100% of the bank's total deposit liabilities and may pledge the bank's assets.
History: L. 2015, ch. 38, ยง 6; July 1.
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