Kansas Statutes Annotated
Updated Through the 2016 Legislative Session

Previous
Statute Number:9-815
Chapter Title:BANKS AND BANKING; TRUST COMPANIES
Article Title:BANKING CODE; ORGANIZATION
Tax Type:Privilege
Brief Description:Expenses of examination or investigation; payment; disposition of
moneys received.
Keywords:


Body:

9-815.Expenses of examination or investigation; payment; disposition of moneys received.(a) Any applicant making application under article 8 of chapter 9 of the Kansas Statutes Annotated, and amendments thereto, shall pay to the commissioner a fee in an amount established pursuant to K.S.A. 2016 Supp.9-1726, and amendments thereto, to defray the expenses of the state banking board, commissioner or other designees in the examination and investigation of the application.
(b) The commissioner shall remit all moneys received under this section to the state treasurer in accordance with the provisions of K.S.A.75-4215, and amendments thereto. Upon receipt of each such remittance, the state treasurer shall deposit the entire amount in the state treasury to the credit of the bank investigation fund. The moneys in the bank investigation fund shall be used to pay the expenses of the commissioner, or designee, in the examination and investigation of such applications and any unused balance shall be transferred to the bank commissioner fee fund.
(c) Any members of the state banking board who make such an examination or investigation shall be paid the sum of $35 per diem for the time the members actually are engaged in performing duties as members of the state banking board and shall be compensated from such funds all the actual and necessary expenses incurred in the performance of the members’ duties.
History:L. 2015, ch. 38, 10; L. 2016, ch. 54, 13; July 1.



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

Previous