2025 Kansas Statutes
Chapter 9 - Banks And Banking; Trust Companies
Article 23 - Technology-enabled Fiduciary Financial Institutions
9-2310 General powers.
9-2310.
General powers.
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:
(a) To engage in fidfin transactions in accordance with K.S.A. 9-2311, and amendments thereto;
(b) to receive, retain and manage alternative asset custody accounts in accordance with K.S.A. 9-2313, and amendments thereto; and
(c) to engage in trust business as defined in K.S.A. 9-701, and amendments thereto, as incidental to the activities in subsections (a) and (b).
History: L. 2021, ch. 80, § 10; L. 2022, ch. 55, § 7; July 1.