Kansas § 9-2310 General powers

Kansas Statutes

§ 9-2310 — General powers

Kansas·Ch. 9 BANKS AND BANKING; TRUST COMPANIES·Art. 23 TECHNOLOGY-ENABLED FIDUCIARY FINANCIAL INSTITUTIONS

Any fiduciary financial institution is hereby authorized to exercise by its board of directors or duly authorized officers or agents, subject to law, the following powers:

(a)To engage in fidfin transactions in accordance with K.S.A. 9-2311, and amendments thereto;

(b)to receive, retain and manage alternative asset custody accounts in accordance with K.S.A. 9-2313, and amendments thereto; and

(c)to engage in trust business as defined in K.S.A. 9-701, and amendments thereto, as incidental to the activities in subsections (a) and (b).

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Any fiduciary financial institution is hereby authorized to exercise by its board of directors or duly authorized officers or agents, subject to law, the following powers:
(a) To engage in fidfin transactions in accordance with K.S.A. 9-2311, and amendments thereto;
(b) to receive, retain and manage alternative asset custody accounts in accordance with K.S.A. 9-2313, and amendments thereto; and
(c) to engage in trust business as defined in K.S.A. 9-701, and amendments thereto, as incidental to the activities in subsections (a) and (b).

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