Kansas § 9-1719 Change of control; definitions

Kansas Statutes

§ 9-1719 — Change of control; definitions

Kansas § 9-1719

Ch. 9BANKS AND BANKING; TRUST COMPANIES

Art. 17BANKING CODE; SUPERVISION; COMMISSIONER

This text of Kansas § 9-1719 (Change of control; definitions) 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. § 9-1719 (2026).

Text

As used in K.S.A. 9-1719 to 9-1722, inclusive, and amendments thereto:

(a)"Applicant" means a person who has submitted a change of control application pursuant to K.S.A. 9-1721, and amendments thereto.

(b)"Control" means the power to:

(1)Vote 25% or more of any class of voting shares;

(2)direct, in any manner, the election of a majority of the directors; or

(3)direct or exercise a controlling influence over the management or policies.

(c)"Person" means an individual or a corporation, partnership, trust, association, joint venture, pool, syndicate, sole proprietorship, unincorporated organization or any other form of entity not specifically listed in this subsection.

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As used in K.S.A. 9-1719 to 9-1722, inclusive, and amendments thereto:
(a) "Applicant" means a person who has submitted a change of control application pursuant to K.S.A. 9-1721, and amendments thereto.
(b) "Control" means the power to:
(1) Vote 25% or more of any class of voting shares;
(2) direct, in any manner, the election of a majority of the directors; or
(3) direct or exercise a controlling influence over the management or policies.
(c) "Person" means an individual or a corporation, partnership, trust, association, joint venture, pool, syndicate, sole proprietorship, unincorporated organization or any other form of entity not specifically listed in this subsection.