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2025 Kansas Statutes
Chapter 9 - Banks And Banking; Trust Companies
Article 5 - Miscellaneous Provisions
9-569 License; suspension or revocation by the commissioner.

Universal Citation:
KS Stat § 9-569 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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9-569. License; suspension or revocation by the commissioner.
(a) If a licensee does not continue to meet the qualifications or satisfy the requirements of an applicant for a new money transmission license, the commissioner may suspend or revoke the licensee's license in accordance with the procedures established by this act or other applicable state law for such suspension or revocation.

(b) An applicant for a money transmission license shall demonstrate that such applicant meets or will meet and a money transmission licensee shall at all times meet, the requirements of K.S.A. 2025 Supp. 9-586, 9-587 and 9-588, and amendments thereto.

(c) This section shall take effect on and after January 1, 2025.

History: L. 2024, ch. 64, ยง 15; July 1.

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