Source: http://www.lawserver.com/law/state/kansas/ks-statutes/kansas_statutes_chapter_17_article_22
Timestamp: 2013-05-24 19:59:20
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Kansas Statutes > Chapter 17 > Article 22 - Credit Unions :: Lawserver LawServer - Laws, Legal Information and Lawyers
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Kansas Statutes > Chapter 17 > Article 22 - Credit Unions Written by Steven Daily, LawServer Attorney-Editor Last Updated April 18, 2010 Kansas Statutes > Chapter 17 > Article 22 - Credit UnionsCurrent as of: 2009Check for updates§ 17-2201Organization of credit unions; articles of incorporation and bylaws; approval of administrator; application of corporation code; filing fees§ 17-2202Amendments to bylaws and charter; bylaws amendments to be filed§ 17-2203Use of name; penalty for unauthorized use§ 17-2204Powers of credit unions§ 17-2204aInvestments; limitations; definition of credit union services corporation§ 17-2205Membership of credit union; continuation of branch operations, limitations§ 17-2206Supervision by administrator; reports, plans and programs; penalties; examination, fees§ 17-2206aUndelivered funds due creditors, depositors and shareholders of defunct credit union; duties of administrator and state treasurer; undistributed assets of defunct credit unions fund§ 17-2207Fiscal year; meetings; quorum; proxies; absentee or mail ballot§ 17-2208Officers; board of directors; committees; suspension of members, when§ 17-2209Directors to elect officers; duties of board; executive committee§ 17-2210Method of making loans§ 17-2211Duties of supervisory committee; annual and supplementary audits; acceptance of certain audits§ 17-2212Capital and revenue of credit union; right of setoff; dormant accounts; unmatured shares; transfer to reserve fund, when§ 17-2213Shares to minors; joint tenancy shareholdings; trust accounts; credit union can act as trustee or custodian§ 17-2214Corporate credit unions; powers; lending to members; credit unions lending to each other, approval§ 17-2215Power to borrow money; ability to discount or sell to federal intermediate credit bank§ 17-2215aPower of corporate credit unions to borrow increased by amount of certain investments§ 17-2216Loans to members; conditions§ 17-2216aLoans to directors or members of credit or supervisory committees; conditions§ 17-2217Reserve income; payments into reserve fund; rules and regulations§ 17-2218Dividends§ 17-2219Expulsion of members, when; procedure; members may withdraw; refund of money paid in§ 17-2221Change in place of business; how accomplished§ 17-2221aCredit union branches; procedure§ 17-2222Conversion from state to federal credit union§ 17-2223Incorporation in this state of federal credit union or credit union organized in another state; procedure; name; effect of granting charter§ 17-2223aAdministrator's approval required before foreign credit union does business in state; examination; hearing§ 17-2224Receipt of certain money by insolvent credit union; obligation for repayment§ 17-2225Losses; proportionate reduction in liability, when; limitations§ 17-2226Purchase of real estate, material, equipment or improvements; restrictions; lease and disposition of property§ 17-2227Information concerning credit unions; disclosure authorized; otherwise confidential; exceptions§ 17-2228Merger with other credit union, procedure; certificate requirements; assets and liabilities; cancellation of terminated credit union charter§ 17-2229Sale or purchase of assets to or of another credit union; agreement; approval of administrator; approval of shareholders; effective date; dissolution of selling credit union; reserves§ 17-2230Voluntary and involuntary dissolution; procedures; liquidation procedure§ 17-2231Definitions§ 17-2232Credit union council; membership, appointment, terms; meetings§ 17-2233Credit union administrator; appointment, duties, salary, expenses and term§ 17-2234Department of credit unions; supervision; employees; attorney; security background check§ 17-2235Credit union council's compensation and expenses§ 17-2236Bonds of administrator, examiners and employees; disposition of moneys; credit union fee fund§ 17-2237Transfer of jurisdiction and records§ 17-2238Continuity of previously organized credit unions§ 17-2239Continuity of proceedings§ 17-2240Housing of department§ 17-2241Appeals§ 17-2242Administrator's jurisdiction§ 17-2243Invalidity of part§ 17-2244Authority to operate in same activities as other federally insured credit unions; powers of administrator; report to legislature§ 17-2245Credit union may participate in loan with another credit union, financial organization or national cooperative bank§ 17-2246Share insurance required; conversion to federal insurance required, when§ 17-2250Guarantee corporations; definitions§ 17-2251Application of 17-2252 through 17-2261§ 17-2252Certificate required for guarantee corporation to guarantee credit union shares; issuance, when; fee§ 17-2253Suspension or revocation of authority to guarantee shares; hearing§ 17-2254Contract provisions§ 17-2255Investment of funds; funds property of credit unions making payments; withdrawal of funds by credit union, conditions§ 17-2256Agent to write contracts; application for permission; approval, when; fee§ 17-2257Records; examination by commissioner; preservation§ 17-2258Insuring of guarantee fund§ 17-2259Exemption from provisions of other laws§ 17-2260Rules and regulations§ 17-2261Violations; penalty§ 17-2262Severability§ 17-2263Contracts for payment of shareholders' accounts to beneficiaries upon shareholders' deaths; rights of shareholder during lifetime; change of beneficiary§ 17-2264Same; duties of credit union; release and discharge thereof§ 17-2265Fees for credit unions insured by guarantee corporations; disposition§ 17-2266Transfer of moneys from guarantee corporations examination fund to credit union fee fund§ 17-2267Transfer of documents from insurance commissioner to credit union administrator§ 17-2268Personal liability of officers and directors, exceptions________________________________________________________________________