Kansas Statutes Annotated
Updated Through the 2015 Legislative Session

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Statute Number:9-806
Chapter Title:BANKS AND BANKING; TRUST COMPANIES
Article Title:BANKING CODE; ORGANIZATION
Tax Type:Privilege
Brief Description:Failure to engage in business; reapplication required.
Keywords:


Body:

9-806.Failure to engage in business; reapplication required.Any newly organized bank or trust company which did not begin business within 120 days after a certificate of authority has been issued to such bank or trust company by the commissioner shall not engage in the banking business or the business of a trust company without again obtaining a certificate of authority from the commissioner.
History:L. 1947, ch. 102, 9; L. 2015, ch. 38, 27; July 1.



Date Composed: 12/03/2015 Date Modified: 12/04/2015

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