Kan. Stat. Ann. § 9-1301
Deposit insurance; surety bond
Kansas · Kansas Statutes Annotated Chapter 9 — Banks and Banking; Trust Companies · Status: effective
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- Citation
- Kan. Stat. Ann. § 9-1301, Deposit insurance; surety bond, Kansas, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2433874
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Full text
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.