9-532. Interstate banking; approval.

9-532

Chapter 9.--BANKS AND BANKING; TRUST COMPANIES
Article 5.--MISCELLANEOUS PROVISIONS

      9-532.   Interstate banking; approval. With prior approval of the commissioner, any bank holding company may acquire, directly or indirectly, ownership or control of, or power to vote, any of the voting shares of, an interest in, or all or substantially all of the assets of a Kansas bank or of a Kansas bank holding company.

      Request for approval shall be made by filing an application in such form as required by the commissioner, containing the information prescribed by K.S.A. 9-533, and amendments thereto, and by rules and regulations adopted by the commissioner. At the time of filing the application, the applicant shall pay to the commissioner a fee in an amount established by rules and regulations adopted by the commissioner.

      History:   L. 1991, ch. 45, § 4; L. 1992, ch. 62, § 2; L. 1993, ch. 158, § 1; L. 1995, ch. 79, § 3; Sept. 29.