Unlawfully engaging in the banking or trust company business; authorization of commissioner required before engaging in the banking or trust business; criminal penalty.

9-2011. Unlawfully engaging in the banking or trust company business; authorization of commissioner required before engaging in the banking or trust business; criminal penalty. (a) It shall be unlawful for any individual, firm or corporation to advertise, publish or otherwise promulgate that such individual, firm or corporation is engaged in the banking business without first having obtained authority from the commissioner, unless its deposits are federally insured and either chartered in Kansas, another state or the federal government. (b) It shall be unlawful for any individual, firm or corporation to advertise, publish or otherwise communicate that such individual, firm or corporation is engaged in the trust business without first having obtained authority from the commissioner, unless the entity is a federally insured bank or credit union and has authorization from another state or the federal government to engage in trust business in Kansas. (c) Any such individual or member of any such firm or officer of any such corporation violating this section, upon conviction, shall be guilty of a class A, nonperson misdemeanor. History: L. 1947, ch. 102, § 135; L. 1989, ch. 48, § 60; L. 1994, ch. 51, § 7; L. 2015, ch. 38, § 136; L. 2016, ch. 54, § 61; L. 2025, ch. 78, § 6; July 1. Source or prior law: 9-162. Attorney General's Opinions: Incorporation and organization of savings and loan; change of name; use of word "bank". 84-87. Use of words "bank" and "banking" in savings and loan association advertising and title. 84-125. Statute does not apply to federal land bank and similar federally chartered corporations. 85-148. Deposit of public funds; amount of required security; custody receipts. 93-91. 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