reglab/housing_qa huggingface dataset:
KS Stat § 9-1128 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1128 Deposits by banks or trust companies acting as fiduciaries or custodians for fiduciaries of certain securities guaranteed by the United States or agencies thereof; rules and regulations; records of ownership; certifications of deposit.

9-1128. Deposits by banks or trust companies acting as fiduciaries or custodians for fiduciaries of certain securities guaranteed by the United States or agencies thereof; rules and regulations; records of ownership; certifications of deposit. Notwithstanding any other provision of law, any bank or trust company when acting as fiduciary, and any bank or trust company when holding securities as custodian for a fiduciary, is authorized to deposit, or arrange for the deposit, with the federal reserve bank in its district of any securities the principal and interest of which the United States or any department, agency or instrumentality thereof has agreed to pay, or has guaranteed payment, to be credited to one or more accounts on the books of said federal reserve bank in the name of such bank or trust company, to be designated fiduciary or safekeeping accounts, to which account other similar securities may be credited. A bank or trust company so depositing securities with a federal reserve bank shall be subject to such rules and regulations with respect to the making and maintenance of such deposit as, in the case of a state bank incorporated under the laws of this state, the state bank commissioner, and, in the case of national banking associations, the comptroller of the currency, may from time to time adopt and promulgate. Any such rules and regulations of the state bank commissioner shall be adopted and promulgated in the manner provided by K.S.A. 9-1713, and amendments thereto. The records of such bank or trust company shall at all times show the ownership of the securities held in such account. Ownership of, and other interests in, the securities credited to such account may be transferred by entries on the books of said federal reserve bank without physical delivery of any securities. A bank or trust company acting as custodian for a fiduciary shall, on demand by the fiduciary, certify in writing to the fiduciary the securities so deposited by such bank or trust company with such federal reserve bank for the account of such fiduciary. A fiduciary shall, on demand by any party to its accounting or on demand by the attorney for such party, certify in writing to such party the securities deposited by such fiduciary with such federal reserve bank for its account as such fiduciary.History: L. 1974, ch. 43, § 1; July 1.
KS Stat § 9-1129 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1129 Same; application of act.

9-1129. Same; application of act. This act shall apply to all banks and trust companies acting as fiduciaries, and as custodians for fiduciaries, on the effective date of this act or which thereafter may so act regardless of the date of the instrument or court order by which they are appointed.History: L. 1974, ch. 43, § 2; July 1.
KS Stat § 9-1131 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1131 Repurchase agreements with pooled money investment board.

9-1131. Repurchase agreements with pooled money investment board. Each state bank, national bank and trust company located and doing business within the state of Kansas is hereby authorized to enter into repurchase agreements with the pooled money investment board under any statute authorizing the board to enter into such agreements.History: L. 1982, ch. 339, § 1; April 29.
KS Stat § 9-1132 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1132 Personal liability of officers and directors, exceptions.

9-1132. Personal liability of officers and directors, exceptions. Except for persons who are executive officers, an officer or director of a bank or national banking association shall have no personal liability to the bank, association or the bank's or association's stockholders for monetary damages for breach of duty as an officer or director, except that such liability shall not be eliminated for:(a) Any breach of the officer's or director's duty of loyalty to the bank, association or the bank's or association's stockholders;(b) acts or omissions which constitute willful or gross and wanton negligent breach of the officer's or director's duty of care;(c) acts in violation of K.S.A. 9-910, 9-911 or 9-912, and amendments thereto; or(d) any transaction from which the officer or director derived an improper personal benefit.History: L. 1993, ch. 288, § 1; L. 2015, ch. 38, § 63; July 1.
KS Stat § 9-1133 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1133 Liability of officers and directors; actions; certain provisions applicable.

9-1133. Liability of officers and directors; actions; certain provisions applicable. The provisions of K.S.A. 17-2268 and 17-5831, and amendments thereto, apply to an action brought against a director or officer of an insured depository institution, regardless of whether the action was filed before, on, or after May 20, 1993, unless the action was finally adjudicated before May 20, 1993. The provisions of this section shall not apply to executive officers as defined in K.S.A. 9-701 and 17-2268 and 17-5831, and amendments thereto.History: L. 1994, ch. 334, § 1; L. 2015, ch. 38, § 64; July 1.
KS Stat § 9-1134 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1134 Liability of officers and directors; severability.

9-1134. Liability of officers and directors; severability. If any provision of K.S.A. 9-1132 or 9-1133, or 17-2268 and 17-5831 and amendments thereto or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of such statutes which can be given effect without the invalid provision or application, and to this end the provisions of such statutes are declared to be severable.History: L. 1994, ch. 334, § 2; May 19.
KS Stat § 9-1137 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1137 Compliance review committees; functions; confidentiality of certain documents; definitions; exceptions.

9-1137. Compliance review committees; functions; confidentiality of certain documents; definitions; exceptions. (a) For the purposes of this section:(1) "Bank" means a state chartered or federally chartered bank, trust company or bank holding company as defined in K.S.A. 9-519, and amendments thereto, located in this state;(2) "compliance review committee" means:(A) An audit, loan review or compliance committee appointed by the board of directors of a bank that functions to evaluate and seeks to improve loan underwriting standards, asset quality, financial reporting to federal or state regulatory agencies or compliance with federal or state statutory or regulatory requirements; or(B) any other person to the extent the person acts in an investigatory capacity at the direction of a compliance review committee;(3) "compliance review documents" means documents prepared for or created by a compliance review committee;(4) "loan review committee" means a person or group of persons who, on behalf of a bank, reviews loans held by the institution for the purpose of assessing the credit quality of the loans, compliance with the institution's loan policies and compliance with applicable laws and regulations; or(5) "person" means an individual, group of individuals, board, committee, partnership, firm, association, corporation or other entity.(b) Except as provided in subsection (c):(1) Compliance review documents are confidential and are not discoverable or admissible in evidence in any civil action arising out of matters evaluated by the compliance review committee; and(2) compliance review documents delivered to a federal or state governmental agency remain confidential and are not discoverable or admissible in evidence in any civil action arising out of matters evaluated by the compliance review committee.(c) Subsection (b) does not apply to any information required by statute or rules and regulations to be maintained by or provided to a governmental agency while the information is in the possession of the governmental agency to the extent applicable law expressly authorizes disclosure of such information.(d) This section may not be construed to limit the discovery or admissibility in any civil action of any documents that are not compliance review documents.History: L. 1995, ch. 35, § 1; L. 2015, ch. 38, § 65; L. 2016, ch. 54, § 31; July 1.
KS Stat § 9-1138 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1138 School savings deposit program; requirements; definitions.

9-1138. School savings deposit program; requirements; definitions. (a) As used in this section:(1) "Accredited school" means any school operated by a public school district organized under the laws of this state and any nonpublic school accredited by the state board of education.(2) "Board" means the board of education of a school district and the governing authority of an accredited nonpublic school.(b) In order to encourage savings among school children, a bank may enter into a written agreement with a board of an accredited elementary or secondary school to establish a school savings deposit program. Such program shall be limited to the opening of accounts and the periodic collection, by bank employees or school personnel, of deposits from school children for deposit in such bank accounts.(c) No such program shall be implemented until the executed agreement and any information deemed necessary has been submitted to the commissioner. If the commissioner determines the agreement and proposed program primarily promote educational objectives and the purpose of this section, the commissioner shall provide the bank with written approval to implement the program.(d) Any bank participating in such school savings deposit program shall have the bank's main or branch office located in the same county as the participating school, or if no bank in the county wants to participate in such program, then banks in any contiguous county may participate.History: L. 1997, ch. 180, § 9; L. 2015, ch. 38, § 66; July 1.
KS Stat § 9-1140 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1140 Prohibiting branch banks in certain locations.

9-1140. Prohibiting branch banks in certain locations. (a) No bank shall establish or maintain a branch in this state on the premises or property of an affiliate if the affiliate engages in commercial activities.(b) As used in this section:(1) "Affiliate" means any company that controls, is controlled by, or is under common control with another company.(2) "Bank" shall have the meaning stated in 12 U.S.C. § 1813(a)(1).(3) "Branch" means any office, other than the place of business specified in the bank's certificate of authority, at which deposits are received, checks paid, money lent or trust authority exercised, if approval has been granted by the appropriate federal or state supervisory agency.(4) "Commercial activities" means activities in which a bank holding company, a financial holding company, a national bank or a national bank financial subsidiary may not engage under federal or state law.(5) "Control" means the power directly or indirectly to direct the management or policies of a bank or to vote 25% or more of any class of voting shares of a bank.History: L. 2007, ch. 78, § 2; L. 2015, ch. 38, § 67; July 1.
KS Stat § 9-1141 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1141 Securing deposits for federally recognized Indian tribe.

9-1141. Securing deposits for federally recognized Indian tribe. Banks are hereby authorized to give security for the safekeeping and prompt payment of funds deposited by any federally recognized Indian tribe.History: L. 2015, ch. 38, § 13; July 1.
KS Stat § 9-1142 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 11 - Banking Code; Powers|9-1142 Savings promotion; requirements; rules and regulations.

9-1142. Savings promotion; requirements; rules and regulations. (a) A bank, savings bank, savings and loan association or credit union may conduct a savings promotion in which promotion participants deposit money into a savings account or other savings program in order to obtain entries and participate in the promotion, provided that the bank, savings bank, savings and loan association or credit union:(1) Conducts the promotion in a manner so as to ensure that each entry has an equal chance of winning the designated prize;(2) fully discloses the terms and conditions of the promotion to each of its account holders;(3) maintains records sufficient to facilitate an audit of the promotion;(4) ensures that only account holders 18 years of age and older are permitted to participate in the promotion;(5) does not require any consideration; and(6) offers an interest rate and charges fees on any promotion-qualifying account that are approximately the same as those on a comparable account that does not qualify for the promotion.(b) (1) The state bank commissioner is authorized to promulgate rules and regulations as necessary to effectuate the provisions of this section pertaining to banks, savings banks and savings and loan associations. Such rules and regulations shall be promulgated by July 1, 2017.(2) The credit union administrator is authorized to promulgate rules and regulations as necessary to effectuate the provisions of this section pertaining to credit unions. Such rules and regulations shall be promulgated by July 1, 2017.(3) The state bank commissioner and credit union administrator shall collaborate in order to promulgate rules and regulations affecting account holders that are consistent, other than the type of institution to which they apply.History: L. 2016, ch. 54, § 65; July 1.
KS Stat § 9-1201 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 12 - Banking Code; Transactions|9-1201 Application.

9-1201. Application. All of the provisions contained within article 12 of chapter 9 of the Kansas Statutes Annotated, and amendments thereto, shall extend and apply to any national or state chartered bank that has a main office or branch in this state.History: L. 1947, ch. 102, § 50; L. 1975, ch. 44, § 22; L. 1989, ch. 48, § 34; L. 2015, ch. 38, § 68; July 1.
KS Stat § 9-1204 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 12 - Banking Code; Transactions|9-1204 Deposits of minors.

9-1204. Deposits of minors. Any bank may receive deposits from minors or in the name of minors and pay the same upon the order of such minors whether or not such minors are emancipated. Payments so made shall discharge the bank from any further liability on the account.History: L. 1947, ch. 102, § 53; L. 2015, ch. 38, § 69; July 1.
KS Stat § 9-1205 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 12 - Banking Code; Transactions|9-1205 Joint accounts.

9-1205. Joint accounts. Deposits may be made in the names of two or more persons, including minors, and funds on deposit may be paid to any or all of the joint owners under the terms of the deposit contract. Payment to a joint owner in accordance with the terms of the deposit contract shall be valid and sufficient release and discharge to the bank for any payment so made.History: L. 1947, ch. 102, § 54; L. 2015, ch. 38, § 70; July 1.
KS Stat § 9-1206 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 12 - Banking Code; Transactions|9-1206 Set off.

9-1206. Set off. Any bank shall have the right to set off any obligation or claim which it has, when the same is matured against any depositor.History: L. 1947, ch. 102, § 55; June 30.
KS Stat § 9-1207 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 12 - Banking Code; Transactions|9-1207 Adverse claim to deposit.

9-1207. Adverse claim to deposit. An adverse claim to a bank deposit does not need to be paid out by the bank, unless and until either the:(a) Person making the claim supplies indemnity deemed adequate by the bank; or(b) bank is served with process or order issued by a court of competent jurisdiction in an action in which the adverse claimant and the person or persons nominally entitled to the deposit are parties.History: L. 1947, ch. 102, § 56; L. 1965, ch. 564, § 400; L. 2015, ch. 38, § 71; July 1.
KS Stat § 9-1213 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 12 - Banking Code; Transactions|9-1213 Payment of drafts of failed or closed banks.

9-1213. Payment of drafts of failed or closed banks. When any drawee bank shall be presented with a draft drawn on the drawee bank in the usual course of business by a drawer bank that has failed or been closed by operation of law or legal action, the drawee bank shall accept and pay such draft regardless of having received notice, constructive or otherwise, of the failure or closing of the drawer bank if the:(a) Draft was issued prior to the failure or closing of the drawer bank;(b) drawee bank has, on deposit to the credit of the failed or closed drawer bank, sufficient funds to pay the draft; and(c) drawee bank has received proof that the draft represents payment of cash letters covering checks that had been charged to the individual accounts of the failed or closed drawer bank prior to the failure or closing of the drawer bank.History: L. 1955, ch. 66, § 1; L. 2015, ch. 38, § 72; L. 2016, ch. 54, § 32; July 1.
KS Stat § 9-1214 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 12 - Banking Code; Transactions|9-1214 Payment of drafts of failed or closed banks; release from liability.

9-1214. Payment of drafts of failed or closed banks; release from liability. Any drawee bank paying a draft under the circumstances set out in K.S.A. 9-1213, and amendments thereto, shall be released from any further liability thereon, and shall be fully protected and held harmless from any claim made by the receiver or other liquidating agent of the failed or closed drawer bank for sums representing payments made on the draft.History: L. 1955, ch. 66, § 2; L. 2015, ch. 38, § 73; July 1.
KS Stat § 9-1301 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 13 - Banking Code; Deposit Insurance And Bonds|9-1301 Deposit insurance; surety bond.

9-1301. Deposit insurance; surety bond. Every bank operating under the provisions of the state banking code and authorized to receive deposits of money shall insure the deposits of each depositor with the federal deposit insurance corporation, or its successor. State banks may purchase surety bond coverage for the purpose of insuring deposits in excess of the federal deposit insurance corporation's coverage limit.History: L. 1947, ch. 102, § 59; L. 1959, ch. 60, § 1; L. 1975, ch. 45, § 2; L. 1981, ch. 54, § 1; L. 1981, ch. 324, § 6; L. 1988, ch. 356, § 38; L. 1989, ch. 48, § 37; L. 2015, ch. 38, § 75; July 1.
KS Stat § 9-1302 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 13 - Banking Code; Deposit Insurance And Bonds|9-1302 Subrogation upon payment by insurer of deposits.

9-1302. Subrogation upon payment by insurer of deposits. When the federal deposit insurance corporation or its successor or other insurer insuring the deposits of any bank shall pay, or make available for payment, the insured deposit liabilities of any bank the insurance company shall be and become subrogated to the extent of its payments, by operation of law, to all rights of each owner of a claim for deposit against such closed bank to the extent now or hereafter necessary to enable the federal deposit insurance corporation, or its successor or such other insurer, under law to make insurance payments available to depositors of closed insured banks.History: L. 1947, ch. 102, § 60; L. 1975, ch. 45, § 4; L. 1989, ch. 48, § 39; July 1.
KS Stat § 9-1304 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 13 - Banking Code; Deposit Insurance And Bonds|9-1304 Closed banks may borrow from or sell to federal insurance corporation.

9-1304. Closed banks may borrow from or sell to federal insurance corporation. (a) Upon the approval of the commissioner, the receiver or liquidator or the board of directors of any bank which may be closed because of the bank's inability to meet the demands of its depositors may borrow from the federal deposit insurance corporation or its successor, and pledge any part or all of the bank's assets as security.(b) The assets, or any portion thereof, of any bank which may close because of the bank's inability to meet the demands of its depositors may be sold to the federal deposit insurance corporation or its successor upon such terms and conditions as the commissioner shall approve. Nothing contained in this section shall limit the power of any bank, the commissioner or receiver or liquidator thereof to pledge or sell any assets in accordance with other provisions of the state banking code and existing laws.History: L. 1947, ch. 102, § 62; L. 1989, ch. 48, § 40; L. 2015, ch. 38, § 76; L. 2016, ch. 54, § 33; July 1.
KS Stat § 9-1403 (2021)
2021 Kansas Statutes|Chapter 9 - Banks And Banking; Trust Companies|Article 14 - Banking Code; Deposit Of Public Moneys|9-1403 Securities for deposits of public funds; exemption during peak deposits.

9-1403. Securities for deposits of public funds; exemption during peak deposits. (a) During the periods of peak deposits occurring at tax paying time and tax distributing time and continuing for a period of not to exceed 60 continuous days at any given time and not to exceed 120 days in any calendar year the amount of security for the deposits of municipal corporations or quasi-municipal corporations as required under K.S.A. 9-1402, and amendments thereto, may be reduced by up to 50% of the amount on deposit during the peak period.(b) If the custodian of the funds of each municipal corporation or quasi-municipal corporation together with an officer of the depository bank, savings and loan association or savings bank agree to reduce the amount of security as provided in subsection (a), then the parties shall enter into an agreement which designates in writing the beginning and end of each such period, and a copy thereof, fully executed, shall be kept on file in the office of the governing body of such municipal corporation or quasi-municipal corporation and in the files of such bank, savings and loan association or savings bank.History: L. 1947, ch. 102, § 65; L. 1982, ch. 52, § 3; L. 1983, ch. 47, § 4; L. 1986, ch. 76, § 4; L. 1989, ch. 48, § 43; L. 1997, ch. 180, § 5; L. 2015, ch. 38, § 79; July 1.