Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 9-816 - Bankers' bank; application for organization(a) As used in this section, "bankers' bank" means a state bank which is owned exclusively, except to the extent directors' qualifying shares are required by law, by other state banks, federally chartered banks or a one-bank holding company and is organized to engage exclusively in providing services for other state banks or federally chartered banks and the banks' officers, directors and employees.(b) The state banking board may approve the application for the organization of a state bankers' bank under the provisions of K.S.A. 9-801 et seq., and amendments thereto.Amended by L. 2016, ch. 54,§ 14, eff. 7/1/2016.Added by L. 2015, ch. 38,§ 11, eff. 7/1/2015.