Kansas Statutes
§ 17-2226 — Purchase of real estate, material, equipment or improvements; lease and disposition of property
(a)Credit unions may purchase, lease, hold or rent real estate and improvements thereon for their current or future use and occupancy.
(b)A credit union may purchase, rent, hold, contract for, acquire or lease any material, equipment or service which may be necessary or incidental to its operation.
(c)A credit union may rent or lease a portion of its building, fixed assets or property and may acquire, lease, hold, assign, pledge, sell or otherwise dispose of property or other assets, either in whole or in part, necessary or incidental to its operations and purposes.
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Kansas § 17-2226 (Purchase of real estate, material, equipment or improvements; lease and disposition of property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Anderson v. Overland Park Credit Union
643 P.2d 120 (Supreme Court of Kansas, 1982)
Legislative History
L. 1963, ch. 140, § 7; L. 1965, ch. 153, § 8; L. 1968, ch. 160, § 12; L. 1982, ch. 103, § 4; L. 1987, ch. 86, § 2; L. 1992, ch. 225, § 10; L. 2019, ch. 22, § 20; July 1.
Nearby Sections
15
§ 17-10a01
Building and loan associations and life insurance companies; authority as members and borrowers§ 17-10a02
Powers of members or borrowers§ 17-10a07
Same; ratification of prior actions§ 17-1287
Control share acquisition, defined§ 17-1288
Interested shares, defined§ 17-1289
Issuing public corporation, defined§ 17-1290
Application of act§ 17-1291
Acquiring person statement, contents