Chapter 9 — BANKS AND BANKING; TRUST COMPANIES

9-1103. History: L. 1947, ch. 102, § 32; Repealed, L. 2015, ch. 38, § 151; July 1. Source or prior law: 9-111. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archiv…

9-1104. Limitation on loans and borrowing; determination of limits; compliance with section; definitions. (a) Definitions. As used in this section: (1) "Borrower" means an individual, sole proprietorship, partnership, joint venture, association, trust, estate, business trust, cor…

9-1105. History: L. 1947, ch. 102, § 34; Repealed, L. 2015, ch. 38, § 151; July 1. Source or prior law: 9-501. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archiv…

9-1106. History: L. 1947, ch. 102, § 35; Repealed, L. 2015, ch. 38, § 151; July 1. Source or prior law: 9-502. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archiv…

9-1107. Temporary borrowing by bank; limitation; exceptions. (a) Any bank may borrow an amount not to exceed 100% of the bank's capital stock and surplus for temporary purposes. The commissioner may authorize borrowing in excess of such limitation. (b) Any bank may borrow without…

9-1108. History: L. 1947, ch. 102, § 37; L. 1996, ch. 175, § 14; Repealed, L. 2015, ch. 38, § 151; July 1. Source or prior law: 9-132. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived …

9-1109. History: L. 1947, ch. 102, § 38; Repealed, L. 2015, ch. 38, § 151; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents …

9-1110. History: L. 1947, ch. 102, § 39; L. 1951, ch. 120, § 2; L. 1996, ch. 175, § 15; Repealed, L. 2015, ch. 38, § 151; July 1. Attorney General's Opinions: Merger of bank with general business corporation. 83-29. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policie…

9-1111. Branch banking; remote service units. (a) (1) The general business of every bank shall be transacted at the place of business specified in the bank's certificate of authority and at one or more branch banks established and operated as provided in this section. It shall be…

9-1111a. History: L. 1973, ch. 46, § 2; L. 1986, ch. 57, § 9; L. 1987, ch. 53, § 2; Repealed, L. 1990, ch. 58, § 2; February 15. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Sessio…

9-1111b. Applications for branch banks; examinations and investigation fee; disposition and use of fees. A bank making application to the commissioner for approval of a branch bank shall pay to the commissioner a fee, in an amount established pursuant to K.S.A. 9-1726, and amendm…

9-1111c. History: L. 1973, ch. 46, § 4; L. 1987, ch. 53, § 4; L. 1988, ch. 356, § 37; Repealed, L. 1990, ch. 58, § 2; February 15. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Sess…

9-1111d. History: L. 1975, ch. 43, § 2; L. 1987, ch. 55, § 1; L. 1994, ch. 58, § 1; Repealed, L. 2015, ch. 38, § 151; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session D…

9-1112. Unlawful transactions. (a) No bank or trust company shall buy, sell or trade tangible property as a business or invest in the stock of another bank or corporation, except as specifically authorized. (b) Unless prior approval of the commissioner is granted, no bank or trus…

9-1113. History: L. 1947, ch. 102, § 42; L. 1981, ch. 53, § 1; L. 1989, ch. 48, § 26; Repealed, L. 2015, ch. 38, § 151; July 1. Source or prior law: 9-142. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR …

9-1114. Board of directors of bank or trust company; membership; meetings; notification to commissioner, when. (a) The business of any bank or trust company shall be managed and controlled by such bank's or trust company's board of directors. (b) The board shall consist of not fe…

9-1115. Officers of bank or trust company; election; term; bond; forfeiture of office. (a) The board of directors may elect a chairperson and shall elect a president from its members and shall elect one or more vice-presidents, a secretary and a cashier. The office of president a…

9-1116. Meetings of board; examination of records, funds and securities; minutes. (a) The board of directors shall hold at least four regular meetings each year, at least one of which shall be held during each calendar quarter. Minutes shall be made of each directors' meeting of …

9-1117. History: L. 1947, ch. 102, § 46; L. 1972, ch. 33, § 1; L. 1979, ch. 44, § 1; L. 1982, ch. 50, § 2; L. 1989, ch. 48, § 30; L. 1993, ch. 189, § 1; Repealed, L. 1997, ch. 59, § 4; July 1. Source or prior law: 9-109. CASE ANNOTATIONS 1. Construed; right of bank to limit trans…

9-1118. History: L. 1947, ch. 102, § 47; L. 1972, ch. 34, § 1; L. 1975, ch. 44, § 21; L. 1979, ch. 44, § 2; L. 1982, ch. 50, § 3; L. 1989, ch. 48, § 31; L. 1997, ch. 59, § 2; L. 2006, ch. 89, § 2; Repealed, L. 2015, ch. 38, § 151; July 1. Source or prior law: 9-109. Attorney Gene…

9-1119. Certified checks, drafts or orders. No officer or employee of any bank shall certify any check, draft or order drawn upon the bank unless the maker or drawer of the instrument has moneys or funds equal to the amount of the check, draft or order on deposit with such bank a…

9-1120. History: L. 1947, ch. 102, § 49; Repealed, L. 1975, ch. 44, § 43; July 1. Source or prior law: 9-141. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archive…

9-1121. Reproduction of records and papers; evidence. Any bank or trust company or savings and loan associations may cause any or all records, files, instruments, documents, or papers of any kind at any time in its custody, possession, or files to be reproduced by a nonerasable o…

9-1122. Closing of banks; business hours; emergencies. (a) As used in this section: (1) "Officers" means the person or persons designated by the board of directors of a bank or trust company to act for the bank or trust company in carrying out the provisions of this act or, in th…

9-1123. Bank service corporations; definitions. For the purposes of K.S.A. 9-1124 through 9-1127c, and amendments thereto: (a) The term "bank service company" means a corporation or limited liability company organized to perform services authorized by this act, all of the capital…

9-1124. Same; investment by banks; limitations. No limitation or prohibition otherwise imposed by any provision of state law exclusively relating to banks shall prevent any state bank or banks from investing not more than 10% of the paid-in and unimpaired capital and unimpaired s…

9-1125. Same; unreasonable discrimination in providing services prohibited; exceptions. No bank service company shall unreasonably discriminate in the provision of any services authorized under K.S.A. 9-1124 through 9-1127c, and amendments thereto, to any depository institution t…

9-1127a. Same; services which may be performed for depository institutions. Without regard to the provisions of K.S.A. 9-1127b and 9-1127c, and amendments thereto, a state bank may invest in a bank service company that performs, and a bank service company may perform, the followi…

9-1127b. Same; services which may be provided by corporations; restrictions. (a) A bank service company may provide to any person any service authorized by this section, except that a bank service company shall not take deposits. (b) Except with the prior approval of the commissi…

9-1127c. Same; investments in corporations performing certain services under K.S.A. 9-1127b; approval required. (a) No state bank shall invest in the capital stock of a bank service company that performs any service under K.S.A. 9-1127b(c), (d) or (e), and amendments thereto, wit…

9-1127d. Same; services performed for bank or subsidiary or affiliate; regulation and examination by commissioner; rules and regulations. (a) Whenever a bank, or any subsidiary or affiliate of such bank that is subject to examination by the state bank commissioner, causes to be p…

9-1127e. Same; investments by savings and loan associations and savings banks. (a) No savings and loan association or savings bank may make any investment under this section if the association's aggregate outstanding investment in a service corporation would exceed 3% of the asso…

9-1127f. Same; new activities with savings and loan associations; prior approval required. (a) A savings and loan association shall apply to the commissioner for approval at least 30 days prior to acquiring, establishing or commencing new activity with an existing service corpora…

9-1127g. Same; permitted activities. (a) A service corporation may engage in any activity that a savings and loan association may conduct directly. (b) A service corporation shall be subject to the commissioner's supervision as the savings and loan association would be if it had …

9-1127h. Savings and loan service corporations; definitions. As used in K.S.A. 9-1127e through 9-1127h, and amendments thereto: (a) "Invest" means any investment in the capital stock, obligations or other securities, and any advance of funds to a service corporation, including th…

9-1128. Deposits by banks or trust companies acting as fiduciaries or custodians for fiduciaries of certain securities guaranteed by the United States or agencies thereof; rules and regulations; records of ownership; certifications of deposit. Notwithstanding any other provision …

9-1129. Same; application of act. This act shall apply to all banks and trust companies acting as fiduciaries, and as custodians for fiduciaries, on the effective date of this act or which thereafter may so act regardless of the date of the instrument or court order by which they…

9-1130. Retention of books and records; rules and regulations; destruction; photographic reproduction; electronic recordation; confidentiality of records unaffected. (a) Every bank and trust company shall retain such bank's and trust company's business records for such periods as…

9-1131. Repurchase agreements with pooled money investment board. Each state bank, national bank and trust company located and doing business within the state of Kansas is hereby authorized to enter into repurchase agreements with the pooled money investment board under any statu…

9-1132. Personal liability of officers and directors, exceptions. Except for persons who are executive officers, an officer or director of a bank or national banking association shall have no personal liability to the bank, association or the bank's or association's stockholders …

9-1133. Liability of officers and directors; actions; certain provisions applicable. The provisions of K.S.A. 17-2268 and 17-5831, and amendments thereto, apply to an action brought against a director or officer of an insured depository institution, regardless of whether the acti…

9-1134. Liability of officers and directors; severability. If any provision of K.S.A. 9-1132 or 9-1133, or 17-2268 and 17-5831 and amendments thereto or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or app…

9-1135. History: L. 1994, ch. 51, § 4; L. 2001, ch. 5, § 42; L. 2010, ch. 17, § 27; Repealed, L. 2015, ch. 38, § 151; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session D…

9-1136. Powers; authority to lease certain personal property; definitions. In addition to powers and limitations conferred or imposed on any bank by K.S.A. 9-1101, and amendments thereto, any bank is hereby authorized to exercise by its board of directors or duly authorized offic…

9-1137. Compliance review committees; functions; confidentiality of certain documents; definitions; exceptions. (a) For the purposes of this section: (1) "Bank" means a state chartered or federally chartered bank, trust company or bank holding company as defined in K.S.A. 9-519, …

9-1138. School savings deposit program; requirements; definitions. (a) As used in this section: (1) "Accredited school" means any school operated by a public school district organized under the laws of this state and any nonpublic school accredited by the state board of education…

9-1139. History: L. 2007, ch. 78, § 1; Repealed, L. 2015, ch. 38, § 151; July 1. Previous | Next LEGISLATIVE COORDINATING COUNCIL General Policies 2026 Archived LCC Documents Archived LCC Meetings REVISOR OF STATUTES Archived Session Documents Archived School Finance Documents US…

9-1140. Prohibiting branch banks in certain locations. (a) No bank shall establish or maintain a branch in this state on the premises or property of an affiliate if the affiliate engages in commercial activities. (b) As used in this section: (1) "Affiliate" means any company that…

9-1141. Securing deposits for federally recognized Indian tribe. Banks are hereby authorized to give security for the safekeeping and prompt payment of funds deposited by any federally recognized Indian tribe. History: L. 2015, ch. 38, § 13; July 1. Previous | Next LEGISLATIVE CO…

9-1142. Savings promotion; requirements; rules and regulations. (a) A bank, savings bank, savings and loan association or credit union may conduct a savings promotion in which promotion participants deposit money into a savings account or other savings program in order to obtain …