Kansas Statutes

§ 17-10a05 — Same; vesting of title to property; past obligations

Kansas·Ch. 17 CORPORATIONS·Art. 10a FEDERAL HOME LOAN BANK MEMBERS; SAVINGS AND LOAN ASSOCIATIONS
When such conversion becomes effective as hereinbefore provided, all the property of such association, both real and personal, shall immediately by operation of law and without conveyance or transfer of any kind or character, be vested in such converted association: Provided, however, That such converted association shall continue responsible for all of the obligations of the association prior to the conversion.

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Kansas § 17-10a05 (Same; vesting of title to property; past obligations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

L. 1935, ch. 134, § 2; May 15.

Nearby Sections

15
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