Kansas § 79-1106 Taxation of national banking associations, banks, trust companies and savings and loan associations; purpose of act

Kansas Statutes

§ 79-1106 — Taxation of national banking associations, banks, trust companies and savings and loan associations; purpose of act

Kansas § 79-1106

Ch. 79TAXATION

Art. 11BANKS, BANKING BUSINESSES, TRUST COMPANIES AND SAVINGS AND LOAN ASSOCIATIONS

This text of Kansas § 79-1106 (Taxation of national banking associations, banks, trust companies and savings and loan associations; purpose of act) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 79-1106 (2026).

Text

It is hereby declared to be the intention of the legislature to levy a tax on national banking associations, banks, trust companies, federally chartered savings banks and savings and loan associations, which tax shall be in lieu of ad valorem taxes which might otherwise be imposed upon the intangible assets of such national banking associations, banks, trust companies, federally chartered savings banks and savings and loan associations.

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It is hereby declared to be the intention of the legislature to levy a tax on national banking associations, banks, trust companies, federally chartered savings banks and savings and loan associations, which tax shall be in lieu of ad valorem taxes which might otherwise be imposed upon the intangible assets of such national banking associations, banks, trust companies, federally chartered savings banks and savings and loan associations.