Kansas § 9-1127e Same; investments by savings and loan associations and savings banks

Kansas Statutes

§ 9-1127e — Same; investments by savings and loan associations and savings banks

Kansas § 9-1127e

Ch. 9BANKS AND BANKING; TRUST COMPANIES

Art. 11BANKING CODE; POWERS

This text of Kansas § 9-1127e (Same; investments by savings and loan associations and savings banks) 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. § 9-1127e (2026).

Text

(a)No savings and loan association or savings bank may make any investment under this section if the association's aggregate outstanding investment in a service corporation would exceed 3% of the association's assets. Not less than 1 / 2 of the investment permitted under this section that exceeds 1% of the association's assets shall be used primarily for community, inner city, and community-development purposes.

(b)This section shall be a part of and supplemental to the state banking code.

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(a) No savings and loan association or savings bank may make any investment under this section if the association's aggregate outstanding investment in a service corporation would exceed 3% of the association's assets. Not less than 1 / 2 of the investment permitted under this section that exceeds 1% of the association's assets shall be used primarily for community, inner city, and community-development purposes.
(b) This section shall be a part of and supplemental to the state banking code.