9-111. History: L. 1897, ch. 47, § 11; L. 1915, ch. 88, § 1; L. 1921, ch. 70, § 1; R.S. 1923, § 9-111; L. 1927, ch. 88, § 2; L. 1933, ch. 26, § 1 (Special Session); L. 1933, ch. 27, § 1 (Special Session); L. 1937, ch. 76, § 2; Repealed, L. 1947, ch. 102, § 143; June 30. Source or prior law: L. 1891, ch. 43, § 12. Cross References to Related Sections: Later act, see 9-1101, 9-1103, 9-1104, 9-1112, 9-1301. CASE ANNOTATIONS 1. Lien on stock for any indebtedness of stockholder; loan. Battey v. Bank, 62 Kan. 384, 393, 63 P. 437. 2. Definition of "a debt previously contracted in good faith." Battey v. Bank, 62 Kan. 384, 393, 63 P. 437. 3. Bank stock assigned, not transferred on stock book, shareholder liable. Bank v. Strachan, 89 Kan. 577, 132 P. 200. 4. Transfer of stock to bank; transfer on books necessary. Bank v. Strachan, 89 Kan. 577, 132 P. 200. 5. Agreement of bank to honor overdraft enforceable; consideration. Saylors v. Bank, 99 Kan. 515, 163 P. 454. 6. Bank may incur expenses for handling property upon which it has lien. Ross v. Bank, 113 Kan. 213, 215, 214 P. 94. 7. Unlawful for bank to deal in groceries or guarantee purchase thereof. Hutchinson Wholesale Grocery Co. v. Hudson State Bank, 135 Kan. 374, 376, 11 P.2d 277. 8. Cited; general corporation may decrease capital stock by purchasing outstanding shares. Security Nat'l Bank v. Crystal Ice & Fuel Co., 145 Kan. 899, 903, 67 P.2d 527. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents USEFUL LINKS Session Laws Kansas Administrative Regulations OTHER LEGISLATIVE SITES Kansas Legislature Administrative Services Division of Post Audit Research Department Contact Us PDF Help www.ksrevisor.gov 2026