The provided legal document content is a provision found in the Kansas Statutes under the BANKS AND BANKING; TRUST COMPANIES section, specifically the BANKING CODE; DEPOSIT INSURANCE AND BONDS subsection. It governs the borrowing and selling of assets by closed banks that are unable to meet the demands of their depositors. According to the provision, with the approval of the commissioner, the receiver or liquidator or the board of directors of a closed bank may borrow from the federal deposit insurance corporation or its successor and pledge any part or all of the bank’s assets as security.

These legal documents pertain to various aspects of the deposit of public moneys and the security requirements for such deposits in Kansas. They apply to Kansas state banks, municipal corporations, quasi-municipal corporations, savings and loan associations, and savings banks. The documents allow Kansas state banks to pledge their assets as collateral to secure deposits of public money for governmental units located in another state where the bank has a branch location, as long as it complies with the laws of that state.

The provided legal document content governs the rental and management of safe deposit boxes. It applies to both the lessors (banks, trust companies, safe deposit companies) and the lessees (renters) of safe deposit boxes. The document outlines the procedures to be followed upon the death of a lessee, including the disclosure of whether a designated person was the lessee at the time of death. It also specifies the process for opening the safe deposit box, disposing of its contents, and delivering them to the parties legally entitled to them.

The provided legal document governs the establishment of collective investment funds by banks and trust companies acting as fiduciaries. It applies to banks and trust companies that are authorized to act as fiduciaries. These funds can be established for the purpose of providing investments to the bank or trust company as a fiduciary, to the bank or trust company and others as co-fiduciaries, to a subsidiary of the same bank holding company, or to an affiliated bank or trust company under common control.

The provided legal document content covers the following aspects: 1. Ability of the commissioner to enter into informal agreements with banks and trust companies in Kansas to address safety or soundness concerns, violations of law, or weaknesses displayed by the bank or trust company. These agreements are confidential examination material and not subject to certain provisions of the law. 2. Action against current or former officers or directors of any bank or trust company in Kansas who have been found to be dishonest, reckless, or incompetent in performing their duties, or who willfully or continuously fail to observe legally made orders of the commissioner or the state banking board.

These legal documents govern the liquidation, dissolution, and insolvency of banks and trust companies under the jurisdiction of the state bank commissioner in Kansas. The documents outline the procedures and requirements for voluntary liquidation, including the approval of a liquidation plan by the commissioner and the surrender of the bank’s certificate of authority. The commissioner has the authority to examine the bank during the liquidation period and take action if the bank deviates from the approved plan.

This legal document governs various aspects of banking and trust companies in Kansas. It prohibits directors, officers, employees, and agents of banks and trust companies from altering, destroying, or falsifying records with intent to impede examinations, investigations, or proceedings by the commissioner. It also requires individuals and entities to obtain a certificate from the commissioner before transacting banking or trust business. The document declares that if any provision of the state banking code is held invalid, it will not affect other provisions that can still be given effect.

The provided legal document content covers various aspects of banking and money transmission in Kansas. It includes provisions related to opening deposit accounts, loan accounts, or other banking relationships on behalf of entities with financial institutions, acquisition of Kansas banks by out-of-state bank holding companies and their subsidiaries, establishment and maintenance of branches by foreign banks, approval of applications for bank acquisitions, ownership limitations for bank holding companies, definitions related to bank holding companies and banking activities, reporting requirements for money transmitter licensees, permissible investments for money transmitters, issuance, revocation, and renewal of licenses for money transmission businesses, business of money transmission, and the Kansas money transmitter act.

The provided legal document content pertains to the state banking code of Kansas. It defines various terms used in the code, including ‘bank or state bank’, ‘business of banking’, ’trust company’, ‘commissioner’, ’executive officer’, ‘demand deposit’, ’time deposit’, ‘savings deposit’, ‘public moneys’, ‘municipal corporation’, ‘quasi-municipal corporation’, ‘certificate of authority’, ’trust business’, ‘community and economic development entity’, ‘depository institution’, ‘student bank’, ‘stock bank’, ‘mutual bank’, and ‘savings and loan association’ or ‘savings bank’.

The first document governs the powers and operations of mutual banks in relation to deposits, including raising funds through various types of accounts, prohibiting overdrafts on behalf of affiliates, and specifying voting rights and ownership interests of depositors. The second document governs the process for changing the place of business for banks and trust companies, requiring prior approval from the state bank commissioner and compliance with certain criteria. The third document applies to applicants making application under article 8 of chapter 9 of the Kansas Statutes Annotated, requiring the payment of a fee to cover the expenses of the state banking board, commissioner, or other designees.