Kansas Statutes Annotated
Updated Through the 2015 Legislative Session

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Statute Number:9-1409
Chapter Title:BANKS AND BANKING; TRUST COMPANIES
Article Title:BANKING CODE; DEPOSIT OF PUBLIC MONEYS
Tax Type:Privilege
Brief Description:Securing deposits of public moneys of out-of-state governmental
units; when.
Keywords:


Body:

9-1409.Securing deposits of public moneys of out-of-state governmental units; when.A Kansas state bank may pledge any of the bank's assets as collateral or otherwise secure the deposits of public money for governmental units located in another state where the Kansas state bank has a branch location, so long as such security is given in accordance with the laws of that state.
History:L. 2015, ch. 38, 1; July 1.


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

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