Kansas SB139 updates definitions and conditions in the state banking code.
Kansas SB139 updates certain definitions, terms, and conditions in the state banking code. It specifies that hearings must be held in accordance with the Kansas Administrative Procedure Act. The bill updates internal references and requires immediate notification of changes in board members. It also specifies that the charter of certain banks is void on the effective date of a merger. The bill establishes conditions under which it would be lawful to transfer fiduciary responsibilities.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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