Kansas Statutes Annotated
Updated Through the 2016 Legislative Session

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Statute Number:9-803
Chapter Title:BANKS AND BANKING; TRUST COMPANIES
Article Title:BANKING CODE; ORGANIZATION
Tax Type:Privilege
Brief Description:Renewal and extension of corporation; lapse in authority or
existence.
Keywords:


Body:

9-803.Renewal and extension of corporation; lapse in authority or existence.(a) Any bank with articles of incorporation that have lapsed, or hereafter shall lapse, may renew and extend the bank’s corporate existence in the manner provided by law and upon payment of the requisite fees.
(b) The acts of any bank or trust company with articles of incorporation that have lapsed or terminated by the expiration of time and such bank’s or trust company’s corporate existence is renewed and extended are hereby legalized and declared to be valid in the same manner and to the same effect as though the banks and trust companies had been duly authorized at all times since their organization.
History:L. 1947, ch. 102, 6; L. 2015, ch. 38, 25; L. 2016, ch. 54, 6; July 1.



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

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