Kan. Stat. § 9-1908

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4

Section 9-1908 - Title to all assets to vest in insurance corporation

Whenever the federal deposit insurance corporation, or any successor, shall accept the appointment as receiver for any bank the possession of and title to all of the assets, business and property of every kind of such bank shall pass to and vest in the federal deposit insurance corporation, or any successor, as receiver without the execution of any instruments of assignment, endorsement, transfer or conveyance.

K.S.A. 9-1908

Amended by L. 2016, ch. 54,§ 56, eff. 7/1/2016.

Amended by L. 2015, ch. 38,§ 123, eff. 7/1/2015.

L. 1947, ch. 102, § 116; L. 1989, ch. 48, § 51; July 1.