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Kan. Stat. Ann. § 9-1920

Borrowing by liquidating bank

Kansas · Kansas Statutes Annotated Chapter 9 — Banks and Banking; Trust Companies · Status: effective

Banking, Finance & Insurance
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Kan. Stat. Ann. § 9-1920, Borrowing by liquidating bank, Kansas, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2433975
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Upon the approval of the commissioner, the board of directors of any bank in the process of voluntary liquidation may borrow an amount not in excess of 100% of the bank's total deposit liabilities and may pledge the bank's assets.