Every officer, director, agent or employee of a bank or trust company required by the state banking code to take an oath or affirmation, who shall willfully swear or affirm falsely, shall be guilty of perjury, and upon conviction shall be punished as provided by K.S.A. 2022 Supp. 21-5903 , and amendments thereto. History: L. 1947, ch. 102, 128; L. 1989, ch. 48, 57; L. 1994, ch. 291, 5; L. 2011, ch.

Any officer, director, employee or agent of any bank whose authority to transact a banking business has been revoked pursuant to the provisions of the state banking code, who shall receive or cause to be received any deposit of whatever nature after such revocation, upon conviction shall be guilty of a severity level 8, nonperson felony. History: L. 1947, ch. 102, 130; L. 2015, ch. 38, 132; July 1.

It shall be unlawful for any officer, director, employee or agent of any bank doing business pursuant to the provisions of the state banking code to certify any check, draft or order drawn upon the bank unless the person, firm or corporation drawing such check, draft or order has on deposit with the bank, at the time such check, draft or order is certified, an amount of money equal to the amount specified in such check, draft or order.

No bank shall accept or receive on deposit, with or without interest, any money, bank bills or notes or United States treasury notes, gold or silver certificates or currency or other notes, bills, checks or drafts, when such bank is insolvent. Any officer, director, employee or agent of any bank, who shall knowingly violate the provisions of this section or be accessory to or permit or connive at the receiving or accepting on deposit of any such deposit, upon conviction shall be guilty of a severity level 8, nonperson felony.

This provision, found in the Kansas Statutes under the BANKS AND BANKING; TRUST COMPANIES section, prohibits shareholders, directors, officers, employees, and agents of a bank or trust company from engaging in activities with the intent to injure, defraud, or deceive the bank or trust company, its examiners, the commissioner or the commissioner’s staff, or any other person. Specifically, it is unlawful to issue certificates of deposit, draw drafts or bills of exchange, make acceptances, assign notes, bonds, drafts or bills of exchange, or use the name of the bank or trust company in any manner.

(a) Each licensee under this act shall at all times possess permissible investments having an aggregate market value, calculated in accordance with United States generally accepted accounting principles, of not less than the aggregate amount of the outstanding payment liability held by the licensee in the United States. This requirement may be waived by the commissioner if the dollar volume of a licensee’s outstanding payment liability does not exceed the bond or other security devices posted by the licensee pursuant to K.

This legal document provides definitions for various terms related to bank holding companies and banking activities in Kansas. It defines terms such as bank, bank holding company, company, foreign bank, Kansas bank, Kansas bank holding company, out-of-state bank holding company, and subsidiary. The document applies to entities involved in banking and bank holding activities in Kansas. It does not mention any specific exemptions or penalties. Overall, this document serves as a reference for understanding the definitions and scope of bank holding companies and related entities in the context of Kansas banking laws.

This legal document governs the ownership limitations for bank holding companies and their subsidiaries. It prohibits the direct or indirect acquisition of ownership or control of, or power to vote, any voting shares of a bank that holds Kansas deposits if, after such acquisition, the bank holding company and all subsidiaries would hold or control more than 15% of total Kansas deposits. However, there is an exemption that allows the acquisition of voting shares in case of an emergency to protect the public interest against the failure or probable failure of the bank.

This provision, found in the Kansas Statutes under the section on Banks and Banking; Trust Companies; Miscellaneous Provisions, allows companies to become bank holding companies or acquire ownership or control of a Kansas state chartered bank or a bank holding company with ownership interest in a Kansas state chartered bank, subject to prior approval from the commissioner. Companies must file an application containing the required information and pay a fee to cover the commissioner’s examination and investigation expenses.

This legal document governs the application process for individuals or entities seeking approval from a federal agency for the acquisition of the voting shares or assets of a Kansas state chartered bank or a bank holding company. The application must include a copy of the applicant’s application for approval by the federal agency, along with any supplemental material or amendments filed with the application. Additionally, the application must include statements of the financial condition and future prospects of both the applicant and the Kansas state chartered bank or bank holding company that is the subject of the application.