Kansas Statutes Annotated
Updated Through the 2016 Legislative Session

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Statute Number:9-1907
Chapter Title:BANKS AND BANKING; TRUST COMPANIES
Article Title:BANKING CODE; DISSOLUTION; INSOLVENCY
Tax Type:Privilege
Brief Description:Powers of federal deposit insurance corporation or its
successor.
Keywords:


Body:

9-1907.Powers of federal deposit insurance corporation or its successor.The federal deposit insurance corporation or any successor, hereby is authorized and empowered to be and act without bond as receiver of any bank, the deposits in which are to any extent insured by such corporation. If the federal deposit insurance corporation, or any successor, accepts the appointment, then the federal deposit insurance corporation, or any successor, shall succeed to all the rights, titles, powers and privileges of the bank and of any stockholder, member, account holder, depositor, officer or director of the bank with respect to the bank.
History:L. 1947, ch. 102, 115; L. 1989, ch. 48, 50; L. 1993, ch. 7, 7; L. 2015, ch. 38, 122; L. 2016, ch. 54, 55; July 1.



Date Composed: 11/10/2016 Date Modified: 11/14/2016

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